Plan Ledger DOL Form 5500 · updated monthly

Graeter's Manufacturing Co.401(k)

GRAETER'S MANUFACTURING CO. 401(K) RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Graeter's Manufacturing Co. reported $35,183 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $461 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 rose from 0.16% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,841st of 3,295), and 8,105th of 13,661 in manufacturing. In 2024, employees put in $3.90 for every $1.00 the employer contributed; active participation has grown from 377 to 613 since 2022.

Plan summary
Net assets, end of year$11,747,877
Participants with balances345
Active participants613
Employer contributions$282,560
Employee contributions$1,101,172
Employer contribution per active participant$461
Average account balance$34,052
Benefits paid to participants$1,067,930
Plan auditUnmodified (clean) audit opinion
AuditorCLARK SCHAEFFER HACKETT
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 345 accts · $283K emplr
2023$10.3M · 317 accts · $271K emplr
2022$8.4M · 293 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,620
Investment management$8,563
Total administrative$35,183
The Graeter's Manufacturing Co. 401(k) match · 2024
Employer contribution per active participant$461
Median for plans this size$2,416
2024$461 per active participant
2023$683 per active participant
2022$588 per active participant

Graeter's Manufacturing Co.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20246
TRANSAMERICA FINANCIAL LIFE COMPANY · Recordkeeping · Loan processing$7,747
MCGREGOR & ASSOCIATES · Recordkeeping · Loan processing$3,184
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$21,117
MESIROW FINANCIAL, INC · Investment advisory (plan)$1,580
MCGREGOR & ASSOCIATES, INC · Contract administrator · Other services$1,554
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024MCGREGOR & ASSOCIATES, Transamerica
2023MCGREGOR & ASSOCIATES, Transamerica

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Administrative cost history3
2024$35,183 · 0.32%
2023$19,410 · 0.21%
2022$14,584 · 0.16%
Same employer
Similar plansManufacturing · Ohio
Tricor Industrial, Inc. OH$11.8M · 0.54%
Custom Agri Systems, Inc. OH$11.8M · 0.48%
Reading Rock, Inc. OH$11.8M · 0.35%
Aluchem, Inc. OH$11.8M · 0.32%
United Dairy, Inc. OH$11.7M · 0.16%
The Sutphen Corp. OH$11.7M · 0.35%
Kovatch Castings OH$11.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310586812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.