Plan Ledger DOL Form 5500 · updated monthly

Elkhart Products Corporation401(k)

ELKHART PRODUCTS CORPORATION RETIREMENT PLAN · ELKHART, IN · plan year 2023

Reported admin expense ratio · 2023
0.40%

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

Elkhart Products Corporation reported $29,463 in plan administrative expenses for 2023: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,071 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 fell from 0.59% 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 (1,021st of 1,562), and 9,915th of 13,661 in manufacturing. In 2023, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,478,975
Participants with balances236
Active participants197
Employer contributions$211,044
Employee contributions$639,970
Employer contribution per active participant$1,071
Average account balance$31,691
Benefits paid to participants$1,555,714
Plan auditUnmodified (clean) audit opinion
AuditorKRUGGEL,LAWTON&COMPANYLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $228K emplr
2023$7.5M · 236 accts · $211K emplr
2022$7.2M · 248 accts · $177K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,463
Investment management$25,000
Total administrative$29,463
The Elkhart Products Corporation 401(k) match · 2023
Employer contribution per active participant$1,071
Median for plans this size$1,308
2023$1,071 per active participant
2022$872 per active participant

Elkhart Products Corporation's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$25,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,463

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

Administrative cost history3
2024Not separately reported
2023$29,463 · 0.40%
2022$46,447 · 0.59%
All plans at this employer2
ELKHART PRODUCTS 401(K) EMPLOYER RETIREMENT PLAN401(k)
ELKHART PRODUCTS CORPORATION RETIREMENT PLAN401(k)
Similar plansManufacturing · Indiana
Heritage Products Inc. IN$7.5M · 0.29%
Fibertech Plastics LLC IN$7.5M · 0.70%
Pretzels, Inc IN$7.4M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611473576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.