Plan Ledger DOL Form 5500 · updated monthly

East End Welding, LLC401(k)

EAST END WELDING, LLC 401(K) PLAN · KENT, OH · plan year 2023

Reported admin expense ratio · 2023
0.75%

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

East End Welding, LLC reported $37,519 in plan administrative expenses for 2023: 0.75% of average plan assets, above the peer median. Employer contributions averaged $2,451 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 has held roughly steady near 0.73%. 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 Ohio (2,484th of 3,295), and 10,977th of 13,661 in manufacturing. In 2023, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,436,828
Participants with balances108
Active participants89
Employer contributions$218,096
Employee contributions$411,008
Employer contribution per active participant$2,451
Average account balance$50,341
Benefits paid to participants$475,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 104 accts · $221K emplr
2023$5.4M · 108 accts · $218K emplr
2022$4.6M · 104 accts · $215K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,519
Investment management$1,000
Total administrative$37,519
The East End Welding, LLC 401(k) match · 2023
Employer contribution per active participant$2,451
Median for plans this size$1,308
2024$2,460 per active participant
2023$2,451 per active participant
2022$2,393 per active participant

East End Welding, LLC's 2023 employer contribution ran above the $1,308 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.

Service providers · 20234
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$8,799
CBIZ BENEFITS & INS SERVICES INC · Contract administrator$4,080
EMPOWER ADVISORY GROUP, LLC · Investment management$628

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

Administrative cost history3
2024$38,971 · 0.73%
2023$37,519 · 0.75%
2022$35,817 · 0.74%
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%
Joyce Manufacturing Co. OH$5.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463790638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.