Batesville Tool & Die, Inc. 401(k) Review & Grade
Batesville Tool & Die, Inc. Employees' Retirement Savings Plan
Batesville, INManufacturing516 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$505Employer $ per active participant
$3,100Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$34.0MNet plan assets, end of year
$56,730Average balance per account
Score breakdown
- Employer generosity3.5 / 507th percentile for employer $ per participant
- Low cost17.6 / 2570th percentile for low admin cost vs. same-size plans
- Employee saving3.6 / 1524th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score22 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 70th |
| Employee saving | 24th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($273,505 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $5,248 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Batesville Tool & Die put in about $505 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $260,994 |
| Participant (employee) contributions | $1,601,401 |
| Other contributions (incl. rollovers in) | $597,844 |
| Administrative expenses paid from the plan | $37,628 |
| Investment advisory & management fees | $29,840 |
| Benefits paid out | $3,500,984 |
| Net assets, start / end of year | $31.0M / $34.0M |
| Active participants, start / end of year | 543 / 490 |
| Participants with account balances | 599 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Katz, Sapper & Miller, LLP |
Largest service providers (Schedule C)
| Strategic Advisers LLC | $29,840 reported compensation |
| Fidelity Investments Institutional | $7,937 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260915154932NAL0001646563001, received 2026-09-15, EIN 35-1444312, plan #001, plan year 2024-12-01 to 2025-11-30. Verify at efast.dol.gov.