Plan Ledger DOL Form 5500 · updated monthly

Napoleon Spring Works, Inc.401(k)

NAPOLEON SPRING WORKS, INC. 401(K) PROFIT SHARING PLAN & TRUST · ARCHBOLD, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Napoleon Spring Works, Inc. reported $10,600 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $795 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 0.19% to 0.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,268th of 3,295), and 10,037th of 13,661 in manufacturing. In 2024, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,232,046
Participants with balances122
Active participants125
Employer contributions$99,423
Employee contributions$353,789
Employer contribution per active participant$795
Average account balance$59,279
Benefits paid to participants$515,908
Plan auditUnmodified (clean) audit opinion
AuditorDULIN, WARD & DEWALD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 122 accts · $99K emplr
2023$6.5M · 122 accts · $91K emplr
2022$5.7M · 141 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,725
Total administrative$10,600
The Napoleon Spring Works, Inc. 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$1,313
2024$795 per active participant
2023$729 per active participant
2022$771 per active participant

Napoleon Spring Works, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
BENEFIT PLANS PLUS, LLC · Other servicesindirect comp
MORNINGSTART · 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.

Administrative cost history3
2024$10,600 · 0.15%
2023$12,125 · 0.20%
2022$11,775 · 0.19%
Same employer
Similar plansManufacturing · Ohio
Cast Nylons Co., LTD OH$7.4M · 0.03%
Superior Roll Forming LLC OH$7.3M · 0.08%
The A.I. Root Company OH$7.3M · 0.33%
All-Foils, Inc. OH$7.3M · 0.50%
Cosmo Corporation OH$7.2M · 0.04%
Sam Dong America, Inc. OH$7.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340907716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.