Plan Ledger DOL Form 5500 · updated monthly

Wyandot, Inc.401(k)

WYANDOT, INC. 401(K) PROFIT SHARING PLAN · MARION, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Wyandot, Inc. reported $7,331 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,319 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 0.05% to 0.04%. 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 1,465th-largest of 3,295 plans among Ohio employers on file, and the 6,481st of 13,661 in manufacturing. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has shrunk from 382 to 252 since 2022.

Plan summary
Net assets, end of year$17,373,534
Participants with balances333
Active participants252
Employer contributions$332,446
Employee contributions$957,378
Employer contribution per active participant$1,319
Average account balance$52,173
Benefits paid to participants$1,963,714
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 333 accts · $332K emplr
2023$16.3M · 380 accts · $396K emplr
2022$15.2M · 408 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,331
Total administrative$7,331
The Wyandot, Inc. 401(k) match · 2024
Employer contribution per active participant$1,319
Median for plans this size$2,416
2024$1,319 per active participant
2023$1,286 per active participant
2022$654 per active participant

Wyandot, Inc.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,331
LPL FINANCIAL LLCindirect comp

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$7,331 · 0.04%
2023$8,938 · 0.06%
2022$9,494 · 0.05%
Same employer
Similar plansManufacturing · Ohio
Capital Resin Corporation OH$17.7M · 0.32%
Aurora Plastics, Inc. OH$17.6M · 0.49%
Armor Metal Group, Inc. OH$17.5M · 0.49%
R. G. Barry Corporation OH$17.3M · 0.16%
Forge Biologics, Inc. OH$17.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314359809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.