Plan Ledger DOL Form 5500 · updated monthly

Electronics Research, Inc.401(k)

ELECTRONICS RESEARCH, INC. PROFIT SHARING PLAN · CHANDLER, IN · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Electronics Research, Inc. reported $41,665 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $67 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 0.33% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 747th-largest of 1,562 plans among Indiana employers on file, and 7,388th of 13,661 in manufacturing. In 2023, employees put in $83.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,004,468
Participants with balances100
Active participants98
Employer contributions$6,518
Employee contributions$541,794
Employer contribution per active participant$67
Average account balance$140,045
Benefits paid to participants$504,389
Plan auditUnmodified (clean) audit opinion
AuditorRINEY, HANCOCK
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 100 accts
2023$14.0M · 100 accts · $7K emplr
2022$12.0M · 115 accts · $1K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,533
Investment management$24,132
Total administrative$41,665
The Electronics Research, Inc. 401(k) match · 2023
Employer contribution per active participant$67
Median for plans this size$2,440
2023$67 per active participant
2022$11 per active participant

Electronics Research, Inc.'s 2023 employer contribution ran below the $2,440 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
STRATEGIC ADVISERS LLC · Investment advisory (plan)$24,132
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,533

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$47,903 · 0.38%
2023$41,665 · 0.32%
2022$41,139 · 0.33%
All plans at this employer2
ELECTRONICS RESEARCH, INC. PROFIT SHARING PLAN401(k)
ELECTRONICS RESEARCH, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 351083384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.