Plan Ledger DOL Form 5500 · updated monthly

Cummins-Wagner Co., Inc.ESOP

CUMMINS-WAGNER CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN · ANNAPOLIS JUNCTION, MD · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Cummins-Wagner Co., Inc. reported $664 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,049 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 0.000% to 0.001%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 193rd-largest of 1,671 plans among Maryland employers on file, and the 475th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$88,227,851
Participants with balances310
Active participants243
Employer contributions$3,900,000
Employee contributions—
Employer contribution per active participant$16,049
Average account balance$284,606
Benefits paid to participants$9,373,233
Plan auditUnmodified (clean) audit opinion
AuditorWEYRICH, CRONIN & SORRA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$86.5M · 303 accts · $4.2M emplr
2023$88.2M · 310 accts · $3.9M emplr
2022$80.4M · 308 accts · $3.2M emplr
Administrative expenses, itemized · 2023
Trustee / custodial$664
Total administrative$664
Employer contributions to the Cummins-Wagner Co., Inc. plan · 2023
Employer contribution per active participant$16,049
Median for plans this size$3,659
2024$16,154 per active participant
2023$16,049 per active participant
2022$13,845 per active participant

Cummins-Wagner Co., Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$683 · 0.00%
2023$664 · 0.00%
2022$220 · 0.00%
All plans at this employer2
CUMMINS-WAGNER CO., INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
CUMMINS-WAGNER COMPANY, INC. 401(K) RETIREMENT PLAN401(k)
Same employer
Similar plansWholesale Trade · Maryland
Roberts Oxygen Company, Inc. MD$201.1M · 0.18%
R.E. Michel Company, LLC MD$92.8M · 0.40%
Pandora Jewelry LLC MD$61.7M · 0.17%
Class Produce Group, LLC MD$50.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520749021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.