Plan Ledger DOL Form 5500 · updated monthly

Welser Profile North America, LLC401(k)

WELSER PROFILE COMPANIES RETIREMENT SAVINGS PLAN · VALLEY CITY, 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

Welser Profile North America, LLC reported $8,163 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,748 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 1 year on file its reported administrative ratio fell from 0.10% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,029th of 3,295), and 8,991st of 13,661 in manufacturing. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,559,944
Participants with balances289
Active participants170
Employer contributions$297,142
Employee contributions$745,258
Employer contribution per active participant$1,748
Average account balance$33,079
Benefits paid to participants$1,527,651
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.6M · 289 accts · $297K emplr
2023$9.0M · 310 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,163
Total administrative$8,163
The Welser Profile North America, LLC 401(k) match · 2024
Employer contribution per active participant$1,748
Median for plans this size$1,313
2024$1,748 per active participant
2023$1,024 per active participant

Welser Profile North America, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,163
AMERIPRISE FINANCIAL SERVICES INCindirect comp

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

Administrative cost history2
2024$8,163 · 0.09%
2023$7,994 · 0.10%
Same employer
Similar plansManufacturing · Ohio
Workstream, Inc. OH$9.7M · 0.69%
Pro-Pak Industries, Inc. OH$9.5M · 0.44%
Dimex, LLC OH$9.4M · 0.41%
Imco Carbide Tools, Inc. OH$9.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862647963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.