Plan Ledger DOL Form 5500 · updated monthly

Ewellix USA LLC401(k)

EWELLIX USA LLC 401(K) PLAN · ARMADA, MI · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Ewellix USA LLC reported $5,941 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,547 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 0.02% to 0.03%. 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 1,000th-largest of 2,619 plans among Michigan employers on file, and the 5,744th of 13,661 in manufacturing. In 2023, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,058,870
Participants with balances178
Active participants114
Employer contributions$974,390
Employee contributions$961,219
Employer contribution per active participant$8,547
Average account balance$118,308
Benefits paid to participants$4,527,616
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $735K emplr
2023$21.1M · 178 accts · $974K emplr
2022$20.7M · 171 accts · $995K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,941
Total administrative$5,941
The Ewellix USA LLC 401(k) match · 2023
Employer contribution per active participant$8,547
Median for plans this size$2,440
2023$8,547 per active participant
2022$9,042 per active participant

Ewellix USA LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,941

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$5,941 · 0.03%
2022$4,260 · 0.02%
Same employer
Similar plansManufacturing · Michigan
Blm Group USA Corp MI$21.3M · 0.17%
Humphrey Products Company MI$21.1M · 0.01%
Ort Tool & Die Corporation MI$20.8M · 0.24%
Nd Industries Inc MI$20.8M · 0.40%
Ilmor Engineering, Inc MI$20.7M · 0.22%
Th Plastics, Inc. MI$20.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822165834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.