Plan Ledger DOL Form 5500 · updated monthly

Acutec Precision Aerospace, Inc.401(k)

ACUTEC PRECISION AEROSPACE, INC. 401(K) PROFIT SHARING PLAN · MEADVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Acutec Precision Aerospace, Inc. reported $148,012 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,529 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 3 years on file its reported administrative ratio has held roughly steady near 0.664%. 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 1,397th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,321st of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 419 to 477 since 2022.

Plan summary
Net assets, end of year$23,665,693
Participants with balances472
Active participants477
Employer contributions$729,423
Employee contributions$1,304,673
Employer contribution per active participant$1,529
Average account balance$50,139
Benefits paid to participants$1,817,246
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.7M · 472 accts · $729K emplr
2023$20.9M · 442 accts · $645K emplr
2022$18.6M · 454 accts · $583K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$148,012
Total administrative$148,012
The Acutec Precision Aerospace, Inc. 401(k) match · 2024
Employer contribution per active participant$1,529
Median for plans this size$2,416
2024$1,529 per active participant
2023$1,510 per active participant
2022$1,391 per active participant

Acutec Precision Aerospace, 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 · 20243
NORTHWESTERN MUTUAL INVESTMENT SVCS · Investment advisory (plan)$41,476
METRO BENEFITS, INC. · Contract administrator$15,012

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$148,012 · 0.66%
2023$131,765 · 0.67%
2022$132,954 · 0.66%
All plans at this employer2
ACUTEC PRECISION AEROSPACE, INC. 401(K) PROFIT SHARING PLAN401(k)
ACUTEC PRECISION AEROSPACE EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Optinose US, Inc. PA$23.9M · 0.10%
Greiner Industries, Inc. PA$23.8M · 0.47%
All-Fill, Inc. PA$23.8M · 0.31%
Galliker Dairy Co. PA$23.8M · 0.34%
General Carbide Corporation PA$23.6M · 0.14%
Simona America Group Inc. PA$23.3M · 0.33%
Matric Limited, Inc. PA$22.8M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251576100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.