Plan Ledger DOL Form 5500 · updated monthly

Topp Industries, Inc.401(k)

TOPP INDUSTRIES, INC. 401(K) AND PROFIT SHARING PLAN · ROCHESTER, IN · plan year 2022

Reported admin expense ratio · 2022
1.11%

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

Topp Industries, Inc. reported $11,699 in plan administrative expenses for 2022: 1.11% of average plan assets, higher than ~90% of peers. Employer contributions averaged $179 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 Indiana (1,489th of 1,562), and 13,292nd of 13,661 in manufacturing. In 2022, employees put in $4.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$958,941
Participants with balances51
Active participants105
Employer contributions$18,801
Employee contributions$75,837
Employer contribution per active participant$179
Average account balance$18,803
Benefits paid to participants$81,708
Plan auditUnmodified (clean) audit opinion
AuditorDULIN, WARD & DEWALD, INC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,730
Investment management$4,969
Total administrative$11,699
The Topp Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$179
Median for plans this size$1,114

Topp Industries, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,699 · 1.11%
Same employer
Similar plansManufacturing · Indiana
Mastercraft, Inc. IN$1.3M · 1.27%
Capco LLC IN$1.3M · 0.56%
Futurex Industries, Inc. IN$960K · 0.51%
Pletcher Sales Inc IN$899K · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351762122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.