Plan Ledger DOL Form 5500 · updated monthly

Ohio Valley Manufacturing, Inc.401(k)

OHIO VALLEY MANUFACTURING, INC. RETIREMENT SAVINGS PLAN · MANSFIELD, OH · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Ohio Valley Manufacturing, Inc. reported $20,413 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $413 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,801st of 3,295), and 12,091st of 13,661 in manufacturing. In 2022, employees put in $6.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,344,483
Participants with balances99
Active participants118
Employer contributions$48,736
Employee contributions$327,242
Employer contribution per active participant$413
Average account balance$33,783
Benefits paid to participants$215,360
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,151
Investment management$15,562
Total administrative$20,413
The Ohio Valley Manufacturing, Inc. 401(k) match · 2022
Employer contribution per active participant$413
Median for plans this size$1,114

Ohio Valley Manufacturing, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$20,413 · 0.61%
Same employer
Similar plansManufacturing · Ohio
Wrwp, LLC OH$3.5M · 0.16%
Jakprints, Inc OH$3.4M · 0.42%
Alcon Industries Inc OH$3.3M · 0.76%
Jr Engineering, Inc. OH$3.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341903315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.