Plan Ledger DOL Form 5500 · updated monthly

Haver Tyler, Inc.401(k)

HAVER TYLER PROFIT SHARING & SAVINGS PLAN · MENTOR, OH · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Haver Tyler, Inc. reported $20,627 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,579 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 has held roughly steady near 0.200%. 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 among the smaller plans on file in Ohio (1,870th of 3,295), and 8,203rd of 13,661 in manufacturing. In 2023, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,431,976
Participants with balances277
Active participants282
Employer contributions$445,340
Employee contributions$642,965
Employer contribution per active participant$1,579
Average account balance$41,271
Benefits paid to participants$562,155
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$11.4M · 277 accts · $445K emplr
2022$9.2M · 252 accts · $387K emplr
Administrative expenses, itemized · 2023
Investment management$20,627
Total administrative$20,627
The Haver Tyler, Inc. 401(k) match · 2023
Employer contribution per active participant$1,579
Median for plans this size$2,440
2023$1,579 per active participant
2022$1,742 per active participant

Haver Tyler, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$20,527
JPMORGAN INVEST HOLDINGS LLC$1,665

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

Administrative cost history2
2023$20,627 · 0.20%
2022$20,942 · 0.20%
Similar plansManufacturing · Ohio
Ft Precision Inc. OH$11.5M · 0.09%
Rfd Beaufort Inc. OH$11.5M · 0.68%
Vinylmax LLC OH$11.5M · 0.68%
Superior Dairy, Inc. OH$11.5M · 0.31%
B-K Tool & Design, Inc. OH$11.4M · 0.02%
Techmetals, Inc. OH$11.4M · 0.11%
McGregor Metal Holdings LLC OH$11.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341871676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.