Plan Ledger DOL Form 5500 · updated monthly

Cone Drive Operations, Inc.401(k)

THE TIMKEN CONE DRIVE SAVINGS AND INVESTMENT RETIREMENT PLAN FOR BARGAININING ASSOCIATES · CANTON, OH · plan year 2025

Reported admin expense ratio · 2025
0.08%

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

Cone Drive Operations, Inc. reported $4,307 in plan administrative expenses for 2025: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,632 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 3 years on file its reported administrative ratio fell from 0.11% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,485th of 3,295), and 10,981st of 13,661 in manufacturing. In 2025, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,432,973
Participants with balances109
Active participants95
Employer contributions$155,032
Employee contributions$240,558
Employer contribution per active participant$1,632
Average account balance$49,844
Benefits paid to participants$645,327
Plan auditUnmodified (clean) audit opinion
AuditorBOBER MARKEY FEDOROVICH & COMPA
Plan history4
Yearassets · accounts · employer contribution
2025$5.4M · 109 accts · $155K emplr
2024$4.8M · 104 accts · $143K emplr
2023$4.1M · 103 accts · $121K emplr
2022$3.3M · 102 accts · $126K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$4,307
Total administrative$4,307
The Cone Drive Operations, Inc. 401(k) match · 2025
Employer contribution per active participant$1,632
Median for plans this size$1,464
2025$1,632 per active participant
2024$1,590 per active participant
2023$1,225 per active participant
2022$1,234 per active participant

Cone Drive Operations, Inc.'s 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
EMPOWER ANNUITY INSURANCE COMPANY · Loan processing · Recordkeeping$4,307

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

Recordkeeper by year3
2025Empower
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$4,307 · 0.08%
2024$4,056 · 0.09%
2023$4,081 · 0.11%
2022$3,846 · 0.11%
Same employer
Similar plansManufacturing · Ohio
Findaway World, LLC OH$5.5M · 0.68%
Die-Matic Corporation OH$5.5M · 0.04%
Skybox Packaging, LLC OH$5.5M · 0.11%
East End Welding, LLC OH$5.4M · 0.75%
Joyce Manufacturing Co. OH$5.4M · 0.00%
Celstar Group, Inc. OH$5.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050425787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.