Plan Ledger DOL Form 5500 · updated monthly

Invacare Corporation401(k)

INVACARE RETIREMENT SAVINGS PLAN · ELYRIA, OH · plan year 2022

Reported admin expense ratio · 2022
0.04%

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

Invacare Corporation reported $60,124 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,291 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 0.04% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 279th-largest of 3,295 plans among Ohio employers on file, and the 1,469th of 13,661 in manufacturing. In 2022, employees put in $4.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$142,817,511
Participants with balances1,371
Active participants675
Employer contributions$871,108
Employee contributions$3,757,243
Employer contribution per active participant$1,291
Average account balance$104,170
Benefits paid to participants$19,713,917
Plan auditUnmodified (clean) audit opinion
AuditorPEASE BELL CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$135.0M · 1,064 accts · $553K emplr
2023$141.9M · 1,284 accts · $720K emplr
2022$142.8M · 1,371 accts · $871K emplr
Administrative expenses, itemized · 2022
Investment management$18,393
Total administrative$60,124
The Invacare Corporation 401(k) match · 2022
Employer contribution per active participant$1,291
Median for plans this size$3,449
2024$1,278 per active participant
2023$1,404 per active participant
2022$1,291 per active participant

Invacare Corporation's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$117,247 · 0.08%
2023$154,199 · 0.11%
2022$60,124 · 0.04%
Same employer
Similar plansManufacturing · Ohio
Atricure, Inc. OH$151.0M · 0.02%
Lancaster Colony Corporation OH$146.3M · 0.03%
Myers Industries, Inc. OH$141.1M · 0.20%
Austin Powder Company OH$137.4M · 0.17%
The Gorman-Rupp Company OH$137.0M · 0.12%
Prc-Saltillo OH$135.9M

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Source: U.S. Department of Labor, Form 5500 series, EIN 952680965 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.