Plan Ledger DOL Form 5500 · updated monthly

Tiffin Metal Products Co.401(k)

TIFFIN METAL PRODUCTS CO. HOURLY EMPLOYEES SAVINGS PLAN · TIFFIN, OH · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Tiffin Metal Products Co. reported $3,991 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,085 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 manufacturing employers. By assets it is among the smaller plans on file in Ohio (3,154th of 3,295), and 13,252nd of 13,661 in manufacturing. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,059,150
Participants with balances63
Active participants60
Employer contributions$65,075
Employee contributions$114,852
Employer contribution per active participant$1,085
Average account balance$16,812
Benefits paid to participants$674,694
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLY, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,991
Total administrative$3,991
The Tiffin Metal Products Co. 401(k) match · 2022
Employer contribution per active participant$1,085
Median for plans this size$1,114

Tiffin Metal Products Co.'s 2022 employer contribution ran below 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$3,991 · 0.33%
Same employer
Similar plansManufacturing · Ohio
Amg Industries, LLC OH$1.3M · 0.72%
Ditsch USA LLC. OH$1.2M · 0.89%
Rage Corporation OH$1.1M · 1.07%
Cw Conveyor, LLC OH$1.1M · 1.33%
Tac Industries, Inc. OH$1.0M · 1.05%
Nutis Press, Inc. OH$1.0M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341302396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.