Plan Ledger DOL Form 5500 · updated monthly

D.W. Lift Sales, Inc.401(k)

D.W. LIFT SALES, INC. 401(K) PLAN · COLOMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

D.W. Lift Sales, Inc. reported $20,653 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,120 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,381st of 3,295), and 10,520th of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,305,101
Participants with balances148
Active participants322
Employer contributions$360,546
Employee contributions$597,259
Employer contribution per active participant$1,120
Average account balance$42,602
Benefits paid to participants$558,671
Plan auditUnmodified (clean) audit opinion
AuditorBLUE & CO.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,621
Investment management$14,032
Total administrative$20,653
The D.W. Lift Sales, Inc. 401(k) match · 2024
Employer contribution per active participant$1,120
Median for plans this size$1,313

D.W. Lift Sales, Inc.'s 2024 employer contribution ran below the $1,313 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
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$14,032
ADP, INC. · Loan processing · Recordkeeping$6,621

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

Administrative cost history1
2024$20,653 · 0.33%
Same employer
Similar plansManufacturing · Ohio
Multilink, Inc. OH$6.4M · 0.87%
Htv Industries, Inc. OH$6.3M · 0.06%
Jbc Technologies Inc. OH$6.3M · 1.00%
Technicote, Inc. OH$6.3M · 0.11%
Facil North America Inc OH$6.3M · 0.91%
Cap & Associates, Inc. OH$6.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311481947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.