Plan Ledger DOL Form 5500 · updated monthly

Bwi North America, Inc.401(k)

BWIGROUP 401(K) PLAN · KETTERING, OH · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Bwi North America, Inc. reported $14,323 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,950 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 319th-largest of 3,295 plans among Ohio employers on file, and the 1,601st of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has shrunk from 452 to 302 since 2022.

Plan summary
Net assets, end of year$126,228,597
Participants with balances569
Active participants302
Employer contributions$2,400,952
Employee contributions$3,861,533
Employer contribution per active participant$7,950
Average account balance$221,843
Benefits paid to participants$21,900,354
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$126.2M · 569 accts · $2.4M emplr
2023$123.1M · 614 accts · $2.7M emplr
2022$113.9M · 672 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,696
Investment management$11,627
Total administrative$14,323
The Bwi North America, Inc. 401(k) match · 2024
Employer contribution per active participant$7,950
Median for plans this size$3,635
2024$7,950 per active participant
2023$7,462 per active participant
2022$5,978 per active participant

Bwi North America, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,627

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$14,323 · 0.01%
2023$20,697 · 0.02%
2022$22,269 · 0.02%
Same employer
Similar plansManufacturing · Ohio
Makino, Inc. OH$133.2M · 0.17%
Tasi Holdings, Inc. OH$131.5M · 0.11%
Oatey Co. OH$128.5M · 0.07%
Geon Performance Solutions OH$115.5M · 0.17%
Provia Payroll, LLC OH$115.4M · 0.27%
Dmax, LTD. OH$113.5M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270540888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.