Plan Ledger DOL Form 5500 · updated monthly

Erco Worldwide Inc.401(k)

ERCO WORLDWIDE INC. 401(K) PLAN · · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Erco Worldwide Inc. reported $111,230 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $10,165 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 fell from 0.28% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,831st of 13,661 in manufacturing. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,053,791
Participants with balances192
Active participants165
Employer contributions$1,677,202
Employee contributions$1,986,344
Employer contribution per active participant$10,165
Average account balance$302,363
Benefits paid to participants$8,007,200
Plan auditUnmodified (clean) audit opinion
AuditorDAME, WALKER, HARDEMAN & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$58.1M · 192 accts · $1.7M emplr
2023$55.5M · 197 accts · $1.7M emplr
2022$47.1M · 186 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,480
Audit (IQPA)$12,750
Total administrative$111,230
The Erco Worldwide Inc. 401(k) match · 2024
Employer contribution per active participant$10,165
Median for plans this size$3,635
2024$10,165 per active participant
2023$9,939 per active participant
2022$9,163 per active participant

Erco Worldwide Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$98,480
VALENTI, RACKLEY & ASSO · Accounting / audit$12,750
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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 history3
2024$111,230 · 0.20%
2023$136,992 · 0.27%
2022$148,915 · 0.28%
Same employer
Similar plansManufacturing
Future Foam, Inc. IA$58.1M · 0.12%
Rts Packaging, LLC SC$58.1M · 0.07%
Ricetec, Inc. TX$58.1M · 0.15%
Gcx Corporation CA$58.0M · 0.16%
Dura Supreme LLC MN$58.0M · 0.40%
Argon Medical Devices, Inc. IL$58.0M · 0.18%
Prince Minerals LLC TX$57.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980388203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.