Plan Ledger DOL Form 5500 · updated monthly

The Scott Fetzer Company401(k)

THE SCOTT FETZER RETIREMENT SAVINGS PLAN · WESTLAKE, OH · plan year 2023

Reported admin expense ratio · 2023
0.23%

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

The Scott Fetzer Company reported $183,403 in plan administrative expenses for 2023: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,738 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 has held roughly steady near 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 430th-largest of 3,295 plans among Ohio employers on file, and the 2,157th of 13,661 in manufacturing. In 2023, employees put in $3.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$84,570,879
Participants with balances1,250
Active participants674
Employer contributions$1,171,288
Employee contributions$3,592,544
Employer contribution per active participant$1,738
Average account balance$67,657
Benefits paid to participants$10,669,442
Plan auditUnmodified (clean) audit opinion
AuditorD'AMICO WAWRIN & COMPANY CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $876K emplr
2023$84.6M · 1,250 accts · $1.2M emplr
2022$77.1M · 1,419 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$131,483
Investment management$47,295
Audit (IQPA)$4,625
Total administrative$183,403
The The Scott Fetzer Company 401(k) match · 2023
Employer contribution per active participant$1,738
Median for plans this size$3,659
2023$1,738 per active participant
2022$1,594 per active participant

The Scott Fetzer Company's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$131,483
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$32,921
WILLIS TOWER WATSON · Investment advisory (plan)$14,374

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

Administrative cost history3
2024Not separately reported
2023$183,403 · 0.23%
2022$190,422 · 0.22%
All plans at this employer2
THE SCOTT FETZER RETIREMENT SAVINGS PLAN401(k)
THE SCOTT FETZER HOURLY EMPLOYEE 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Ohio
De Nora Tech, LLC. OH$86.2M · 0.04%
Americhem, Inc. OH$84.9M · 0.11%
State Industrial Products OH$83.7M · 0.12%
Meyer Tool, Inc. OH$82.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470691256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.