Plan Ledger DOL Form 5500 · updated monthly

Twist, Inc.401(k)

TWIST, INC. PROFIT SHARING PLAN AND TRUST · JAMESTOWN, OH · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

Twist, Inc. reported $26,627 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,072 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 0.17% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,801st of 3,295), and 7,962nd of 13,661 in manufacturing. In 2023, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,217,621
Participants with balances181
Active participants186
Employer contributions$199,378
Employee contributions$473,322
Employer contribution per active participant$1,072
Average account balance$67,501
Benefits paid to participants$1,862,804
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 166 accts · $212K emplr
2023$12.2M · 181 accts · $199K emplr
2022$11.5M · 186 accts · $214K emplr
Administrative expenses, itemized · 2023
Investment management$26,627
Total administrative$26,627
The Twist, Inc. 401(k) match · 2023
Employer contribution per active participant$1,072
Median for plans this size$2,440
2024$1,144 per active participant
2023$1,072 per active participant
2022$1,048 per active participant

Twist, Inc.'s 2023 employer contribution ran below the $2,440 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
EMPOWER ADVISORY GROUP, LLC · Investment management$20,789
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$5,838

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$30,402 · 0.25%
2023$26,627 · 0.22%
2022$19,245 · 0.17%
Similar plansManufacturing · Ohio
Ace Sanitary Holdings Inc OH$12.4M · 1.17%
Skilled Care Pharmacy, Inc. OH$12.3M · 0.49%
Anchor Tool & Die Company OH$12.3M · 0.48%
Robbins, Inc. OH$12.3M · 0.01%
Fire-Dex, LLC OH$12.1M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311005129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.