Employers › Worthington Enterprises › plan 003
Recordkeeping fees per participant · Worthington IND, Inc. RSP for Collectively Bargained Employees · plan year 2024
$51.03
Higher than 37% of the 14,075 plans $10 to 50M that report it.
= $12,961 / 254
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250822095821NAL0005174065001, received 2025-08-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250822095821NAL0005174065001, received 2025-08-22
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-22.
Administrative expenses excluding investment management, per participant
$51.03
Higher than 26% of the 24,371 plans $10 to 50M that report it.
= $12,961 / 254
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250822095821NAL0005174065001, received 2025-08-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250822095821NAL0005174065001, received 2025-08-22
Administrative expenses per participant
$51.03
Higher than 17% of the 25,098 plans $10 to 50M that report it.
= $12,961 / 254
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250822095821NAL0005174065001, received 2025-08-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250822095821NAL0005174065001, received 2025-08-22
Administrative expenses as a share of assets
0.108%
Higher than 22% of the 25,132 plans $10 to 50M that report it.
= $12,961 / $12,011,790
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250822095821NAL0005174065001, received 2025-08-22
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250822095821NAL0005174065001, received 2025-08-22
Employer contributions per participant
$1,076
Higher than 20% of the 24,050 plans $10 to 50M that report it.
= $273,418 / 254
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250822095821NAL0005174065001, received 2025-08-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250822095821NAL0005174065001, received 2025-08-22
Employer share of total contributions
24.1%
Higher than 37% of the 24,084 plans $10 to 50M that report it.
= $273,418 / $1,133,555
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250822095821NAL0005174065001, received 2025-08-22
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250822095821NAL0005174065001, received 2025-08-22
97.0% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($51.03 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 2U · 2A age/service-weighted · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250822095821NAL0005174065001, received 2025-08-22
| Field | Value | Source |
|---|---|---|
| Plan sponsor | WORTHINGTON ENTERPRISES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Plan name | WORTHINGTON IND, INC. RSP FOR COLLECTIVELY BARGAINED EMPLOYEES | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Sponsor EIN / plan number | 31-1189815 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Sponsor location | COLUMBUS, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Industry (business code) | 331200, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Filing received | 2025-08-22 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Participants, beginning of year | 314 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Active participants | 249 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Participants, end of year | 324 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Participants with an account balance | 254 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Total assets, beginning of year | $11,538,275 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Total assets, end of year | $12,011,790 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Net assets, end of year | $12,011,790 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Total income | $2,469,001 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Net income | $488,498 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Employer contributions | $273,418 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Participant contributions | $710,929 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Other contributions (incl. rollovers) | $149,208 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Total contributions | $1,133,555 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Benefit payments | $1,949,490 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Total expenses (incl. benefit payments) | $1,980,503 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Total administrative expenses | $12,961 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Recordkeeping fees | $12,961 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Administrative expenses excluding investment management | $12,961 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Held in master trusts | $11,655,371 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250822095821NAL0005174065001, received 2025-08-22 |
| Independent auditor | MEADEN & MOORE | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250822095821NAL0005174065001, received 2025-08-22 |
Position = column in the DOL layout for form year 2024. Filing 20250822095821NAL0005174065001, received 2025-08-22.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $12,961 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250822095821NAL0005174065001, received 2025-08-22.
WORTHINGTON DEFERRED PS PLAN MT (EIN 311189815, PN 001): plan interest $11,655,371, 2.7% of the trust. The trust's own filing (20250822095649NAL0005172769001, received 2025-08-22) reports net assets $439,420,285, administrative expenses $0, recordkeeping fees $0, investment management fees $0 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $11,538,275 | $12,011,790 | 4.1% |
| Participants with a balance | 273 | 254 | -7.0% |
| Administrative expenses | $10,487 | $12,961 | 23.6% |
| Recordkeeping fees per participant | $38.41 | $51.03 | 32.8% |
| Employer contributions | $278,433 | $273,418 | -1.8% |
Prior filing 20241007101010NAL0007475731001, received 2024-10-07; the plan years are contiguous.