Plan Ledger DOL Form 5500 · updated monthly

Panel-Fab, Inc.401(k)

PANEL-FAB, INC PROFIT SHARING 401(K) PLAN · CINCINNATI, OH · plan year 2022

Reported admin expense ratio · 2022
0.27%

Panel-Fab, Inc. reported $13,273 in plan administrative expenses for 2022: 0.27% of average plan assets, below the peer median. 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 (2,610th of 3,295), and 11,467th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$4,510,221
Participants with balances59
Active participants138
Employer contributions—
Employee contributions$323,719
Employer contribution per active participant—
Average account balance$76,444
Benefits paid to participants$124,068
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,389
Investment management$11,884
Total administrative$13,273
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$13,273 · 0.27%
Similar plansManufacturing · Ohio
The Fremont Company OH$4.6M · 0.09%
Kuhns Mold & Tool Co Inc OH$4.6M · 0.36%
Verhoff Machine & Welding OH$4.3M · 1.33%
Hynes Industries, Inc. OH$4.3M · 0.35%
Polymer Packaging, Inc. OH$4.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310956602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.