Plan Ledger DOL Form 5500 · updated monthly

Vibrantz Corporation401(k) + ESOP (KSOP)

FERRO CORPORATION 401(K) PLAN · MAYFIELD HEIGHTS, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Vibrantz Corporation reported $142,393 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,428 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 0.10% to 0.06%. 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 174th-largest of 3,295 plans among Ohio employers on file, and the 985th of 13,661 in manufacturing. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 367 to 927 since 2022.

Plan summary
Net assets, end of year$253,172,171
Participants with balances1,497
Active participants927
Employer contributions$4,104,503
Employee contributions$6,372,776
Employer contribution per active participant$4,428
Average account balance$169,120
Benefits paid to participants$31,522,455
Plan auditUnmodified (clean) audit opinion
AuditorWEYRICH, CRONIN & SORRA
Plan history3
Yearassets · accounts · employer contribution
2024$253.2M · 1,497 accts · $4.1M emplr
2023$237.3M · 1,519 accts · $5.3M emplr
2022$129.2M · 761 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,821
Investment management$25,572
Total administrative$142,393
The Vibrantz Corporation 401(k) match · 2024
Employer contribution per active participant$4,428
Median for plans this size$3,635
2024$4,428 per active participant
2023$5,700 per active participant
2022$6,123 per active participant

Vibrantz Corporation's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$116,821
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$15,867
TAFT STETTINIUS & HOLLISTER LLP · Legal$9,705

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$142,393 · 0.06%
2023$163,690 · 0.09%
2022$158,839 · 0.10%
Similar plansManufacturing · Ohio
Trico Group, LLC OH$302.9M · 0.22%
Proampac Holdings Inc. OH$298.6M · 0.22%
Tarkett Finance Inc. OH$286.6M · 0.17%
Gojo Industries, Inc. OH$244.7M · 0.05%
Metallus Inc. OH$218.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340217820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.