Plan Ledger DOL Form 5500 · updated monthly

Salford Inc.401(k)

SALFORD INC. 401(K) RETIREMENT PLAN · OSCEOLA, IA · plan year 2022

Reported admin expense ratio · 2022
0.94%

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

Salford Inc. reported $16,516 in plan administrative expenses for 2022: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $679 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 Iowa (822nd of 878), and 12,969th of 13,661 in manufacturing. In 2022, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,684,066
Participants with balances67
Active participants117
Employer contributions$79,417
Employee contributions$243,025
Employer contribution per active participant$679
Average account balance$25,135
Benefits paid to participants$177,058
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,516
Total administrative$16,516
The Salford Inc. 401(k) match · 2022
Employer contribution per active participant$679
Median for plans this size$1,114

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

Administrative cost history1
2022$16,516 · 0.94%
Similar plansManufacturing · Iowa
Smithco Mfg., Inc. IA$2.0M · 0.08%
Eip Manufacturing, LLC IA$1.9M · 0.79%
Westwind Logistics, LLC IA$1.3M · 1.57%
Iml Containers Iowa, Inc. IA$333K · 1.53%
Iowa Premium, LLC IA$2K · 3.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260602781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.