Plan Ledger DOL Form 5500 · updated monthly

Oetiker, Inc.401(k)

OETIKER RETIREMENT PLAN · MARLETTE, MI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Oetiker, Inc. reported $51,368 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $3,015 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 0.00% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 499th-largest of 2,619 plans among Michigan employers on file, and the 3,049th of 13,661 in manufacturing. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has shrunk from 422 to 366 since 2022.

Plan summary
Net assets, end of year$52,343,623
Participants with balances465
Active participants366
Employer contributions$1,103,442
Employee contributions$2,648,644
Employer contribution per active participant$3,015
Average account balance$112,567
Benefits paid to participants$7,606,603
Plan auditUnmodified (clean) audit opinion
AuditorYEO & YEO
Plan history3
Yearassets · accounts · employer contribution
2024$52.3M · 465 accts · $1.1M emplr
2023$49.6M · 493 accts · $1.0M emplr
2022$42.0M · 505 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,869
Investment management$39,499
Total administrative$51,368
The Oetiker, Inc. 401(k) match · 2024
Employer contribution per active participant$3,015
Median for plans this size$3,635
2024$3,015 per active participant
2023$2,604 per active participant
2022$2,443 per active participant

Oetiker, Inc.'s 2024 employer contribution ran below the $3,635 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
MORGAN STANLEY · Investment advisory (plan)$39,499

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$51,368 · 0.10%
2023$41,379 · 0.09%
2022$450 · 0.00%
Same employer
Similar plansManufacturing · Michigan
Bucher Hydraulics, Inc. MI$53.9M · 0.06%
Jac Products, Inc. MI$53.5M · 0.51%
Aees, Inc. MI$53.5M · 0.02%
Ervin Industries, Inc. MI$52.0M · 0.01%
Garr Tool Company, Inc. MI$51.9M · 0.02%
The Paslin Company MI$51.1M · 0.26%
Creative Foam Corporation MI$50.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221753284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.