Plan Ledger DOL Form 5500 · updated monthly

The Ohio Moulding Corp.401(k)

THE OHIO MOULDING CORPORATION 401(K) & PROFIT SHARING TRUST · WICKLIFFE, OH · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

The Ohio Moulding Corp. reported $83,976 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,308 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,363rd-largest of 3,295 plans among Ohio employers on file, and the 6,090th of 13,661 in manufacturing. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 261 to 311 since 2022.

Plan summary
Net assets, end of year$19,150,896
Participants with balances347
Active participants311
Employer contributions$406,884
Employee contributions$1,075,610
Employer contribution per active participant$1,308
Average account balance$55,190
Benefits paid to participants$1,069,398
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 347 accts · $407K emplr
2023$16.7M · 316 accts · $364K emplr
2022$14.5M · 316 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,491
Investment management$43,485
Total administrative$83,976
The The Ohio Moulding Corp. 401(k) match · 2024
Employer contribution per active participant$1,308
Median for plans this size$2,416
2024$1,308 per active participant
2023$1,337 per active participant
2022$1,335 per active participant

The Ohio Moulding Corp.'s 2024 employer contribution ran below the $2,416 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 · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$43,485

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

Administrative cost history3
2024$83,976 · 0.47%
2023$72,179 · 0.46%
2022$70,311 · 0.46%
Same employer
Similar plansManufacturing · Ohio
Hi-Tek Manufacturing, Inc. OH$19.3M · 0.40%
Yamada North America, Inc. OH$19.2M · 0.64%
Abrasive Technology, Inc. OH$19.2M · 0.53%
Weastec, Inc. OH$19.0M · 0.33%
Audio Technica U.S., Inc OH$18.9M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 340792024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.