Plan Ledger DOL Form 5500 · updated monthly

Cornerstone Wauseon, Inc.401(k)

CORNERSTONE WAUSEON 401(K) PLAN · WAUSEON, OH · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Cornerstone Wauseon, Inc. reported $4,895 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,558 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,419th-largest of 3,295 plans among Ohio employers on file, and the 6,283rd of 13,661 in manufacturing. In 2022, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,254,609
Participants with balances221
Active participants180
Employer contributions$280,464
Employee contributions$998,294
Employer contribution per active participant$1,558
Average account balance$82,600
Benefits paid to participants$2,393,265
Plan auditUnmodified (clean) audit opinion
AuditorPENROD & GEORGE
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,895
Total administrative$4,895
The Cornerstone Wauseon, Inc. 401(k) match · 2022
Employer contribution per active participant$1,558
Median for plans this size$2,266

Cornerstone Wauseon, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,895 · 0.02%
Similar plansManufacturing · Ohio
Dynamic Dies, Inc OH$18.3M · 0.06%
Gfs Chemicals, Inc. OH$18.3M · 0.22%
Zircoa, Inc. OH$18.3M · 0.06%
Malco Products, Inc. OH$17.9M · 0.26%
Jay Industries, Inc. OH$17.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341483237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.