Plan Ledger DOL Form 5500 · updated monthly

Edison Welding Institute, Inc.401(k)

EDISON WELDING INSTITUTE, INC. SALARY SAVINGS PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Edison Welding Institute, Inc. reported $66,036 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $7,342 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 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 697th-largest of 3,295 plans among Ohio employers on file, and the 2,933rd of 11,654 in professional & technical services. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$46,278,359
Participants with balances270
Active participants137
Employer contributions$1,005,861
Employee contributions$1,380,925
Employer contribution per active participant$7,342
Average account balance$171,401
Benefits paid to participants$5,097,293
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 270 accts · $1.0M emplr
2023$43.7M · 261 accts · $944K emplr
2022$38.6M · 265 accts · $918K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,002
Investment management$40,034
Total administrative$66,036
The Edison Welding Institute, Inc. 401(k) match · 2024
Employer contribution per active participant$7,342
Median for plans this size$2,416
2024$7,342 per active participant
2023$7,095 per active participant
2022$6,704 per active participant

Edison Welding Institute, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$26,002
EVERHART ADVISORS · Investment advisory (plan)$40,034

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$66,036 · 0.15%
2023$60,186 · 0.15%
2022$61,784 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Ohio
Cincom Systems, Inc. OH$48.7M · 0.02%
Ljb Inc. OH$47.9M · 0.12%
Ms Consultants, Inc. OH$44.2M · 0.20%
Prime Ae Group, Inc. OH$44.0M · 0.11%
Ceso, Inc. OH$43.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311119893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.