Plan Ledger DOL Form 5500 · updated monthly

M. Bohlke Veneer Corporation401(k)

M. BOHLKE VENEER CORPORATION PROFIT SHARING & 401(K) PLAN · FAIRFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

M. Bohlke Veneer Corporation reported $3,175 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $788 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 0.013% to 0.015%. 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 the 1,216th-largest of 3,295 plans among Ohio employers on file, and the 5,470th of 13,661 in manufacturing. In 2024, employees put in $5.48 for every $1.00 the employer contributed; active participation has shrunk from 204 to 136 since 2022.

Plan summary
Net assets, end of year$22,658,101
Participants with balances115
Active participants136
Employer contributions$107,133
Employee contributions$587,085
Employer contribution per active participant$788
Average account balance$197,027
Benefits paid to participants$1,109,937
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 115 accts · $107K emplr
2023$20.1M · 119 accts · $144K emplr
2022$17.2M · 120 accts · $134K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,906
Investment management$1,269
Total administrative$3,175
The M. Bohlke Veneer Corporation 401(k) match · 2024
Employer contribution per active participant$788
Median for plans this size$2,416
2024$788 per active participant
2023$659 per active participant
2022$655 per active participant

M. Bohlke Veneer Corporation'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,906

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

Administrative cost history3
2024$3,175 · 0.01%
2023$2,470 · 0.01%
2022$2,108 · 0.01%
Same employer
Similar plansManufacturing · Ohio
Willowwood Global, LLC OH$23.2M · 0.30%
Kirkwood Holding Inc. OH$23.1M · 0.35%
Kaufman Container Company OH$22.7M · 0.17%
Cornerstone Wauseon, Inc. OH$22.4M · 0.02%
United Initiators, Inc. OH$22.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311376018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.