Plan Ledger DOL Form 5500 · updated monthly

Thaler Machine Company LLC401(k)

THALER MACHINE COMPANY LLC 401(K) PROFIT SHARING PLAN & TRUST · SPRINGBORO, OH · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Thaler Machine Company LLC reported $33,939 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $3,908 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 0.39% to 0.51%. 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 (2,318th of 3,295), and 10,233rd of 13,661 in manufacturing. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,897,336
Participants with balances133
Active participants109
Employer contributions$425,960
Employee contributions$458,553
Employer contribution per active participant$3,908
Average account balance$51,860
Benefits paid to participants$1,108,445
Plan auditUnmodified (clean) audit opinion
AuditorBRADY WARE & SCHOENFELD INC
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 133 accts · $426K emplr
2023$6.4M · 125 accts · $300K emplr
2022$5.5M · 127 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,349
Investment management$16,730
Trustee / custodial$860
Total administrative$33,939
The Thaler Machine Company LLC 401(k) match · 2024
Employer contribution per active participant$3,908
Median for plans this size$1,313
2024$3,908 per active participant
2023$2,632 per active participant
2022$2,712 per active participant

Thaler Machine Company 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
PAYCHEX, INC. · Recordkeeping$10,699
EVERHART ADVISORS · Investment advisory (participants)$16,730
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$5,650

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

Recordkeeper by year2
2024Paychex
2023ERISA FIDUCIARY SERVICES, INC., EVERHART ADVISORS, Paychex

This plan has changed recordkeepers within these filings. If you left Thaler Machine Company LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,939 · 0.51%
2023$29,557 · 0.50%
2022$23,084 · 0.39%
Same employer
Similar plansManufacturing · Ohio
Berlin Gardens, LLC OH$7.0M · 0.31%
Mullet Cabinet, Inc. OH$6.9M · 0.61%
Ohio Steel Industries OH$6.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844259995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.