Plan Ledger DOL Form 5500 · updated monthly

Wade Manufacturing CompanyProfit-sharing plan

PROFIT SHARING PLAN & TRUST AGREEMENT OF WADE MANUFACTURING CO · WADESBORO, NC · plan year 2022

Reported admin expense ratio · 2022
0.03%

Wade Manufacturing Company reported $2,550 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.03% to 0.06%. 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 North Carolina (1,274th of 2,005), and 9,931st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$7,442,994
Participants with balances163
Active participants90
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$45,663
Benefits paid to participants$1,559,819
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$363 · 4 accts
2022$7.4M · 163 accts
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 history2
2023$2,300 · 0.06%
2022$2,550 · 0.03%
Similar plansManufacturing · North Carolina
Best Diamond Packaging NC$7.8M · 0.41%
Dill Air Products LLC NC$7.6M · 0.63%
Spinrite Services Inc NC$7.6M · 0.69%
Saertex USA, LLC NC$7.6M · 0.77%
Gilero, LLC NC$7.4M · 0.50%
Kontane Logistics, Inc. NC$7.2M · 0.56%
Lionel, LLC NC$7.1M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560440557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.