Plan Ledger DOL Form 5500 · updated monthly

Warren Fabricating CorporationDC plan

WARREN FABRICATING CORPORATION PROFIT SHARING/401(K) PLAN · HUBBARD, OH · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Warren Fabricating Corporation reported $1,380 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,785 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 0.010% to 0.013%. 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 (1,695th of 3,295), and 7,553rd of 13,661 in manufacturing. In 2023, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,512,494
Participants with balances119
Active participants96
Employer contributions$267,316
Employee contributions$482,679
Employer contribution per active participant$2,785
Average account balance$113,550
Benefits paid to participants$1,607,161
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 114 accts · $246K emplr
2023$13.5M · 119 accts · $267K emplr
2022$12.5M · 123 accts · $237K emplr
Employer contributions to the Warren Fabricating Corporation plan · 2023
Employer contribution per active participant$2,785
Median for plans this size$2,440
2024$2,701 per active participant
2023$2,785 per active participant
2022$2,296 per active participant

Warren Fabricating Corporation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,386

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,666 · 0.01%
2023$1,380 · 0.01%
2022$1,344 · 0.01%
Same employer
Similar plansManufacturing · Ohio
Bil-Jax, Inc. OH$13.7M · 0.82%
Chrome Deposit Corporation OH$13.6M · 0.67%
Bullen Ultrasonics, Inc. OH$13.5M · 0.36%
Ferragon Corporation OH$13.5M · 0.32%
Canberra Corporation OH$13.5M · 0.44%
Roki America Co., LTD OH$13.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341055912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.