Plan Ledger DOL Form 5500 · updated monthly

E.M.F. Corporation401(k)

E.M.F. CORPORATION EMPLOYEE 401(K) PROFIT SHARING PLAN · ANGOLA, IN · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

E.M.F. Corporation reported $10,712 in plan administrative expenses for 2023: 0.40% of average plan assets, below the peer median. Employer contributions averaged $524 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 1 year on file its reported administrative ratio rose from 0.33% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,336th of 1,562), and 12,350th of 13,661 in manufacturing. In 2023, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,875,380
Participants with balances84
Active participants138
Employer contributions$72,254
Employee contributions$124,354
Employer contribution per active participant$524
Average account balance$34,231
Benefits paid to participants$212,524
Plan auditUnmodified (clean) audit opinion
AuditorPARK FOWLER & CO., PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.9M · 84 accts · $72K emplr
2022$2.5M · 88 accts · $74K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,712
Total administrative$10,712
The E.M.F. Corporation 401(k) match · 2023
Employer contribution per active participant$524
Median for plans this size$1,308
2023$524 per active participant
2022$519 per active participant

E.M.F. Corporation's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$8,636
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$10,712 · 0.40%
2022$9,089 · 0.33%
Same employer
Similar plansManufacturing · Indiana
Sigma Equipment, Inc. IN$3.1M · 0.04%
Miller Veneers, Inc. IN$3.0M · 0.55%
Ahf Industries, Inc IN$2.9M · 0.79%
Curtis Products, Inc. IN$2.9M · 1.54%
Pdf Inc. IN$2.8M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351171578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.