Plan Ledger DOL Form 5500 · updated monthly

Werk-Brau Co., Inc.401(k)

WERK-BRAU CO., INC. & FABCO, INC. EMPLOYEES' RETIREMENT PLAN · FINDLAY, OH · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Werk-Brau Co., Inc. reported $43,834 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,797 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 0.23% to 0.20%. 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 1,161st-largest of 3,295 plans among Ohio employers on file, and the 5,275th of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has shrunk from 275 to 237 since 2022.

Plan summary
Net assets, end of year$23,942,121
Participants with balances270
Active participants237
Employer contributions$900,000
Employee contributions$1,334,197
Employer contribution per active participant$3,797
Average account balance$88,675
Benefits paid to participants$1,581,020
Plan auditUnmodified (clean) audit opinion
AuditorKNUEVEN, SCHROEDER & CO
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 270 accts · $900K emplr
2023$20.6M · 246 accts · $800K emplr
2022$16.2M · 210 accts · $650K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,834
Total administrative$43,834
The Werk-Brau Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,797
Median for plans this size$2,416
2024$3,797 per active participant
2023$2,446 per active participant
2022$2,364 per active participant

Werk-Brau Co., Inc.'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
EMPOWER ADVISORY GROUP LLC · Investment management$27,018
PENTEGRA SERVICES, INC · Contract administrator$1,329

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$43,834 · 0.20%
2023$38,857 · 0.21%
2022$38,759 · 0.23%
Similar plansManufacturing · Ohio
Park Corporation OH$24.6M · 0.32%
Ultium Cells, LLC OH$24.4M · 0.40%
Wiley Companies OH$24.2M · 0.19%
Interdesign, Inc. OH$24.0M · 0.03%
General Tool Company OH$23.9M · 0.18%
Field Aviation, Inc. OH$23.9M · 0.13%
Xaloy LLC OH$23.7M · 0.31%
Codonics, Inc. OH$23.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344456894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.