Plan Ledger DOL Form 5500 · updated monthly

Newell Coach Corporation401(k)

NEWELL COACH CORPORATION EMPLOYEE'S SAVINGS & PROFIT SHARING PLAN · MIAMI, OK · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Newell Coach Corporation reported $7,215 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,309 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 0.05% to 0.04%. 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 240th-largest of 724 plans among Oklahoma employers on file, and the 5,734th of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,104,709
Participants with balances192
Active participants197
Employer contributions$651,864
Employee contributions$1,150,832
Employer contribution per active participant$3,309
Average account balance$109,920
Benefits paid to participants$1,469,478
Plan auditUnmodified (clean) audit opinion
AuditorOBER & LITTLEFIELD, CPA'S, PLLCQ
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 192 accts · $652K emplr
2023$18.4M · 191 accts · $565K emplr
2022$15.2M · 196 accts · $578K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,215
Total administrative$7,215
The Newell Coach Corporation 401(k) match · 2024
Employer contribution per active participant$3,309
Median for plans this size$2,416
2024$3,309 per active participant
2023$2,770 per active participant
2022$3,044 per active participant

Newell Coach Corporation's 2024 employer contribution ran above the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$7,215

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,215 · 0.04%
2023$8,105 · 0.05%
2022$8,245 · 0.05%
Same employer
Similar plansManufacturing · Oklahoma
Schwarz Paving Co., Inc. OK$23.2M · 0.17%
Miratech Group, LLC OK$21.4M · 0.58%
Flogistix, LP OK$21.1M · 0.76%
D & L Manufacturing, Inc. OK$19.9M · 0.17%
Paragon Films, Inc. OK$19.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731080966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.