Plan Ledger DOL Form 5500 · updated monthly

Ernie Green Industries, Inc.401(k)

ERNIE GREEN INDUSTRIES, INC. 401(K) SAVINGS PLAN · DUBLIN, OH · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Ernie Green Industries, Inc. reported $74,358 in plan administrative expenses for 2022: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,313 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 rose from 0.32% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,619th-largest of 3,295 plans among Ohio employers on file, and 7,170th of 13,661 in manufacturing. In 2022, employees put in $3.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,733,291
Participants with balances256
Active participants303
Employer contributions$397,689
Employee contributions$1,330,034
Employer contribution per active participant$1,313
Average account balance$57,552
Benefits paid to participants$4,204,635
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO., LTD
Plan history2
Yearassets · accounts · employer contribution
2023$29K · $56K emplr
2022$14.7M · 256 accts · $398K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$74,358
Total administrative$74,358
The Ernie Green Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$1,313
Median for plans this size$2,266

Ernie Green Industries, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$47,180 · 0.64%
2022$74,358 · 0.32%
Similar plansManufacturing · Ohio
Kent Displays Inc OH$14.9M · 0.10%
Sentrilock, LLC OH$14.8M · 0.49%
Kalida Manufacturing Inc. OH$14.8M · 0.15%
A & P Technology, Inc. OH$14.8M · 0.14%
Ssp Fittings Corp. OH$14.6M · 0.42%
Axium Packaging, LLC OH$14.6M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311009987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.