Plan Ledger DOL Form 5500 · updated monthly

Taplin Holdings, LLC401(k)

TAPLIN HOLDINGS, LLC 401(K) PLAN · KALAMAZOO, MI · plan year 2022

Reported admin expense ratio · 2022
0.61%

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

Taplin Holdings, LLC reported $17,924 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. Employer contributions averaged $1,245 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 professional & technical services employers. By assets it is among the smaller plans on file in Michigan (2,269th of 2,619), and 10,604th of 11,654 in professional & technical services. In 2022, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,820,342
Participants with balances97
Active participants154
Employer contributions$191,654
Employee contributions$373,542
Employer contribution per active participant$1,245
Average account balance$29,076
Benefits paid to participants$363,832
Plan auditUnmodified (clean) audit opinion
AuditorBRINK, KEY & CHLUDZINSKI, P.C.
Administrative expenses, itemized · 2022
Professional / advisory$17,924
Total administrative$17,924
The Taplin Holdings, LLC 401(k) match · 2022
Employer contribution per active participant$1,245
Median for plans this size$1,114

Taplin Holdings, LLC's 2022 employer contribution ran above 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$17,924 · 0.61%
Same employer
Similar plansProfessional & Technical Services · Michigan
Weber & Olcese, P.L.C. MI$3.1M · 0.14%
Akka USA LLC MI$3.1M · 0.17%
Salespad, LLC MI$2.8M · 0.26%
Dp& MI$2.6M · 0.01%
Fapco, Inc. MI$2.5M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352561482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.