Plan Ledger DOL Form 5500 · updated monthly

Accudyn Products, Inc.401(k)

ACCUDYN PRODUCTS, INC. 401(K) PROFIT SHARING PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Accudyn Products, Inc. reported $32,381 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,449 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 rose from 0.50% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,728th of 3,651), and 10,613th of 13,661 in manufacturing. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 130 to 143 since 2022.

Plan summary
Net assets, end of year$6,134,203
Participants with balances161
Active participants143
Employer contributions$207,193
Employee contributions$408,277
Employer contribution per active participant$1,449
Average account balance$38,101
Benefits paid to participants$262,094
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 161 accts · $207K emplr
2023$5.1M · 153 accts · $145K emplr
2022$3.9M · 155 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,381
Total administrative$32,381
The Accudyn Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,449
Median for plans this size$1,313
2024$1,449 per active participant
2023$1,003 per active participant
2022$1,298 per active participant

Accudyn Products, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
M2B RETIREMENT CONSULTING, LLC · Recordkeeping$3,675
MERRILL LYNCH · Investment advisory (plan)$15,124
LINCOLN NATIONAL CORPORATION · Contract administrator$12,632
ANCHOR 3(16) FIDUCIARY SERVICES · Named fiduciary$950

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

Recordkeeper by year2
2024M2B RETIREMENT CONSULTING, LLC
2023M2B RETIREMENT CONSULTING, LLC

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

Administrative cost history3
2024$32,381 · 0.58%
2023$24,593 · 0.55%
2022$23,286 · 0.50%
Same employer
Similar plansManufacturing · Pennsylvania
Tavo Packaging, Inc. PA$6.2M · 0.80%
Trau & Loevner, Inc. PA$6.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232928108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.