Plan Ledger DOL Form 5500 · updated monthly

Xigent Automation Systems, Inc.401(k)

XIGENT AUTOMATION SYSTEMS, INC. 401(K) PLAN · LEWIS CENTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Xigent Automation Systems, Inc. reported $39,907 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,975 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 0.35% to 0.29%. 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 1,601st-largest of 3,295 plans among Ohio employers on file, and 7,115th of 13,661 in manufacturing. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,937,473
Participants with balances107
Active participants87
Employer contributions$258,824
Employee contributions$577,685
Employer contribution per active participant$2,975
Average account balance$139,603
Benefits paid to participants$568,521
Plan auditUnmodified (clean) audit opinion
AuditorPW PARTNERS
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 107 accts · $259K emplr
2023$12.4M · 106 accts · $222K emplr
2022$12.8M · 123 accts · $245K emplr
The Xigent Automation Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,975
Median for plans this size$2,416
2024$2,975 per active participant
2023$2,958 per active participant
2022$2,954 per active participant

Xigent Automation Systems, 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
THE VANGUARD GROUP, INC · Recordkeeping$10,350
MORGAN STANLEY$31,052
PENTEGRA$1,490

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$39,907 · 0.29%
2023$40,766 · 0.32%
2022$54,821 · 0.35%
Similar plansManufacturing · Ohio
Grote Enterprises, LLC OH$15.2M · 0.71%
Select Arc, Inc. OH$15.1M · 0.62%
Gvs Filtration, Inc. OH$15.1M · 0.20%
Fallsway Equipment Co. Inc. OH$14.9M · 0.23%
Jackson Tube Service, Inc. OH$14.9M · 0.37%
Kent Displays Inc OH$14.9M · 0.10%
Sentrilock, LLC OH$14.8M · 0.49%
Kalida Manufacturing Inc. OH$14.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202922867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.