Plan Ledger DOL Form 5500 · updated monthly

Orthman Conveying Systems, LLC401(k)

ORTHMAN CONVEYING SYSTEMS, LLC 401(K) PLAN · KEARNEY, NE · plan year 2023

Reported admin expense ratio · 2023
0.03%

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

Orthman Conveying Systems, LLC reported $1,411 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Nebraska (509th of 565), and 12,356th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$2,862,082
Participants with balances44
Active participants56
Employer contributions$0
Employee contributions$134,315
Employer contribution per active participant$0
Average account balance$65,047
Benefits paid to participants$2,885,777
Plan auditUnmodified (clean) audit opinion
AuditorCORE CPAS PC
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,331
Investment management$80
Total administrative$1,411
The Orthman Conveying Systems, LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Orthman Conveying Systems, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
SENTRY LIFE INSURANCE COMPANY$1,331

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

Administrative cost history1
2023$1,411 · 0.03%
Similar plansManufacturing · Nebraska
Oxbow Enterprises, LLC NE$4.8M · 0.08%
Kinney Manufacturing, LLC NE$3.9M · 0.70%
Metalworks, Inc. NE$3.8M · 0.07%
A-1 Fiberglass NE$3.4M · 0.90%
Yasufuku U.S.A., Inc. NE$1.5M · 1.45%
Subconn, Inc. NE$1.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863629555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.