Plan Ledger DOL Form 5500 · updated monthly

John Cockerill North America, Inc.401(k)

JOHN COCKERILL NORTH AMERICA, INC. 401(K) PROFIT SHARING PLAN · SALEM, OH · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

John Cockerill North America, Inc. reported $17,734 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,051 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 rose from 0.03% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,403rd-largest of 3,295 plans among Ohio employers on file, and the 6,225th of 13,661 in manufacturing. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 74 to 104 since 2022.

Plan summary
Net assets, end of year$18,514,663
Participants with balances148
Active participants104
Employer contributions$317,259
Employee contributions$785,737
Employer contribution per active participant$3,051
Average account balance$125,099
Benefits paid to participants$1,976,904
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH AND KING
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 148 accts · $317K emplr
2023$16.4M · 141 accts · $265K emplr
2022$13.6M · 137 accts · $245K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$873
Investment management$4,786
Audit (IQPA)$12,075
Total administrative$17,734
The John Cockerill North America, Inc. 401(k) match · 2024
Employer contribution per active participant$3,051
Median for plans this size$2,416
2024$3,051 per active participant
2023$2,875 per active participant
2022$3,306 per active participant

John Cockerill North America, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
HBK CPAS & CONSULTANTS · Accounting / audit$12,075
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$873

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$17,734 · 0.10%
2023$5,703 · 0.04%
2022$4,272 · 0.03%
Similar plansManufacturing · Ohio
Audio Technica U.S., Inc OH$18.9M · 0.48%
Precision Capital, LTD. OH$18.8M · 0.40%
F.C. Industries, Inc. OH$18.4M · 0.45%
Pako, Inc. OH$18.4M · 0.87%
Clampco Products, Inc. OH$18.4M · 0.19%
Western Management, Inc. OH$18.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141892086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.