Plan Ledger DOL Form 5500 · updated monthly

United Grinding North America In401(k)

UNITED GRINDING NORTH AMERICA, INC. 401(K) PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

United Grinding North America In reported $64,734 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,683 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 fell from 0.24% to 0.21%. 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 922nd-largest of 3,295 plans among Ohio employers on file, and the 4,268th of 13,661 in manufacturing. In 2024, employees put in $5.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,127,646
Participants with balances173
Active participants138
Employer contributions$370,238
Employee contributions$1,938,786
Employer contribution per active participant$2,683
Average account balance$185,709
Benefits paid to participants$4,106,729
Plan auditUnmodified (clean) audit opinion
AuditorBRADY WARE & SCHOENFELD INC.
Plan history3
Yearassets · accounts · employer contribution
2024$32.1M · 173 accts · $370K emplr
2023$28.6M · 178 accts · $355K emplr
2022$25.3M · 175 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,979
Investment management$40,755
Total administrative$64,734
The United Grinding North America In 401(k) match · 2024
Employer contribution per active participant$2,683
Median for plans this size$2,416
2024$2,683 per active participant
2023$2,448 per active participant
2022$2,300 per active participant

United Grinding North America In's 2024 employer contribution ran above 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 · 20243
EVERHART FINANCIAL GROUP, INC · Recordkeeping · Trustee$40,755
ADP, INC. · Loan processing · Recordkeeping$23,979
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, EVERHART FINANCIAL GROUP, INC
2023ADP, EVERHART FINANCIAL GROUP, INC

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Administrative cost history3
2024$64,734 · 0.21%
2023$56,805 · 0.21%
2022$64,622 · 0.24%
Same employer
Similar plansManufacturing · Ohio
The Prince & Izant Company OH$32.2M · 0.24%
A.J. Rose Manufacturing Co. OH$32.0M · 0.20%
Gatesair, Inc. OH$31.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133246026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.