Plan Ledger DOL Form 5500 · updated monthly

Radix Wire & Cable, LLC401(k)

RADIX WIRE & CABLE, LLC 401K PLAN · GLENWILLOW, OH · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Radix Wire & Cable, LLC reported $26,123 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $2,567 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 0.31% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,190th of 3,295), and 9,615th of 13,661 in manufacturing. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,114,769
Participants with balances78
Active participants84
Employer contributions$215,599
Employee contributions$532,001
Employer contribution per active participant$2,567
Average account balance$104,036
Benefits paid to participants$1,036,864
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 78 accts · $216K emplr
2023$7.3M · 78 accts · $201K emplr
2022$6.0M · 70 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,340
Investment management$23,783
Total administrative$26,123
The Radix Wire & Cable, LLC 401(k) match · 2024
Employer contribution per active participant$2,567
Median for plans this size$1,313
2024$2,567 per active participant
2023$2,366 per active participant
2022$2,540 per active participant

Radix Wire & Cable, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CBIZ FINANCIAL SOLUTIONS, INC. · Recordkeeping · Trustee$23,783
ADP, INC. · Loan processing · Recordkeeping$2,339
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, CBIZ FINANCIAL SOLUTIONS, INC.
2023ADP, CBIZ FINANCIAL SOLUTIONS, INC.

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Administrative cost history3
2024$26,123 · 0.34%
2023$1,793 · 0.03%
2022$20,376 · 0.31%
Similar plansManufacturing · Ohio
Met-Chem, Inc. OH$8.2M · 0.53%
Republic Wire Inc. OH$8.1M · 0.18%
Neyra Industries, Inc. OH$8.1M · 0.38%
Nanotronics Imaging, Inc. OH$8.1M · 0.58%
Zimmer Surgical, Inc. OH$8.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461783358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.