Plan Ledger DOL Form 5500 · updated monthly

Unverferth Manufacturing Company, Inc.401(k)

UNVERFERTH MANUFACTURING COMPANY, INC. PROFIT SHARING AND 401(K) PLAN · KALIDA, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Unverferth Manufacturing Company, Inc. reported $201,350 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $8,438 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 0.05% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 191st-largest of 3,295 plans among Ohio employers on file, and the 1,036th of 13,661 in manufacturing. In 2024, the employer put in $1.48 for every $1.00 employees contributed themselves; active participation has grown from 957 to 1,223 since 2022.

Plan summary
Net assets, end of year$234,784,762
Participants with balances1,471
Active participants1,223
Employer contributions$10,319,820
Employee contributions$6,970,766
Employer contribution per active participant$8,438
Average account balance$159,609
Benefits paid to participants$19,132,058
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$234.8M · 1,471 accts · $10.3M emplr
2023$206.8M · 1,498 accts · $7.3M emplr
2022$171.6M · 1,132 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,199
Investment management$19,151
Audit (IQPA)$15,000
Total administrative$201,350
The Unverferth Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$8,438
Median for plans this size$3,635
2024$8,438 per active participant
2023$5,465 per active participant
2022$6,853 per active participant

Unverferth Manufacturing Company, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$121,199
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$46,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,151
REA & ASSOCIATES, INC. · Accounting / audit$15,000

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$201,350 · 0.09%
2023$125,314 · 0.07%
2022$103,379 · 0.05%
Same employer
Similar plansManufacturing · Ohio
Tarkett Finance Inc. OH$286.6M · 0.17%
Vibrantz Corporation OH$253.2M · 0.06%
Gojo Industries, Inc. OH$244.7M · 0.05%
Metallus Inc. OH$218.5M · 0.02%
Associated Materials, LLC OH$186.0M · 0.17%
Standard Textile Co., Inc. OH$184.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340936989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.