Plan Ledger DOL Form 5500 · updated monthly

Nehemiah Manufacturing401(k)

NEHEMIAH MANUFACTURING 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Nehemiah Manufacturing reported $37,739 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,820 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 3 years on file its reported administrative ratio has held roughly steady near 0.56%. 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 (2,289th of 3,295), and 10,113th of 13,661 in manufacturing. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,099,994
Participants with balances149
Active participants163
Employer contributions$296,704
Employee contributions$502,013
Employer contribution per active participant$1,820
Average account balance$47,651
Benefits paid to participants$818,115
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 149 accts · $297K emplr
2023$6.4M · 126 accts · $251K emplr
2022$5.0M · 127 accts · $222K emplr
The Nehemiah Manufacturing 401(k) match · 2024
Employer contribution per active participant$1,820
Median for plans this size$1,313
2024$1,820 per active participant
2023$1,740 per active participant
2022$1,483 per active participant

Nehemiah Manufacturing's 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,738
TBS AGENCY INC · Other servicesindirect 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$37,739 · 0.56%
2023$31,978 · 0.56%
2022$29,928 · 0.55%
Similar plansManufacturing · Ohio
Gerbers Poultry, Inc. OH$7.1M · 0.54%
Qualitor, Inc. OH$7.1M · 0.00%
Robin Enterprises Company OH$7.1M · 0.55%
St Marys Foundry LTD OH$7.0M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264483267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.