Plan Ledger DOL Form 5500 · updated monthly

Et Works, Inc. Equipment Technologies401(k)

ET WORKS RETIREMENT PLAN · MOORESVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Et Works, Inc. Equipment Technologies reported $73,371 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $2,616 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 0.86% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (888th of 1,562), and 8,741st of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 134 to 150 since 2022.

Plan summary
Net assets, end of year$10,089,042
Participants with balances158
Active participants150
Employer contributions$392,372
Employee contributions$724,993
Employer contribution per active participant$2,616
Average account balance$63,855
Benefits paid to participants$1,276,867
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 158 accts · $392K emplr
2023$8.1M · 149 accts · $372K emplr
2022$6.3M · 131 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,605
Total administrative$73,371
The Et Works, Inc. Equipment Technologies 401(k) match · 2024
Employer contribution per active participant$2,616
Median for plans this size$1,313
2024$2,616 per active participant
2023$2,417 per active participant
2022$664 per active participant

Et Works, Inc. Equipment Technologies's 2024 employer contribution ran above the $1,313 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 · 20243
WELLS FARGO ADVISORS FIN NETWORK LLindirect comp
THE HOWARD E NYHART CO INCindirect 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$73,371 · 0.80%
2023$60,407 · 0.83%
2022$57,305 · 0.86%
Same employer
Similar plansManufacturing · Indiana
Thomas & Skinner, Inc. IN$10.7M · 0.25%
Gunite Corporation IN$10.7M · 0.47%
Aurora Casket Company, LLC IN$10.4M · 0.07%
Angola Wire Products, Inc. IN$10.0M · 0.35%
Brc Rubber Group, Inc. IN$9.9M · 0.23%
Hamilton Exhibits, LLC IN$9.8M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203319298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.