Plan Ledger DOL Form 5500 · updated monthly

St Marys Foundry LTD401(k)

ST. MARYS FOUNDRY LTD 401(K) SAVINGS PLAN · ST MARYS, OH · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

St Marys Foundry LTD reported $48,310 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,728 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 1 year on file its reported administrative ratio rose from 0.30% to 0.71%. 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 (2,301st of 3,295), and 10,159th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,026,071
Participants with balances124
Active participants112
Employer contributions$193,496
Employee contributions$382,888
Employer contribution per active participant$1,728
Average account balance$56,662
Benefits paid to participants$849,736
Plan auditUnmodified (clean) audit opinion
AuditorSTROH & JOHNSON & CO, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$7.0M · 124 accts · $193K emplr
2023$6.6M · 113 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,410
Investment management$18,900
Total administrative$48,310
The St Marys Foundry LTD 401(k) match · 2024
Employer contribution per active participant$1,728
Median for plans this size$1,313
2024$1,728 per active participant
2023$1,667 per active participant

St Marys Foundry LTD's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRENGER & PROFITT, LLC · Contract administrator$24,200
MINSTER BANK · Investment advisory (plan)$18,900
CAPITAL GROUP RETIREMENT PLAN SERV$16,760

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

Administrative cost history2
2024$48,310 · 0.71%
2023$20,157 · 0.30%
Similar plansManufacturing · Ohio
Nehemiah Manufacturing OH$7.1M · 0.56%
Qualitor, Inc. OH$7.1M · 0.00%
Robin Enterprises Company OH$7.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921501681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.