Plan Ledger DOL Form 5500 · updated monthly

Adaptec Solutions, LLC401(k)

ADAPTEC SOLUTIONS 401(K) PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Adaptec Solutions, LLC reported $23,666 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $2,054 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 0.14% to 0.15%. 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 2,788th-largest of 5,648 plans among New York employers on file, and the 6,640th of 13,661 in manufacturing. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has shrunk from 339 to 305 since 2022.

Plan summary
Net assets, end of year$16,686,544
Participants with balances194
Active participants305
Employer contributions$626,363
Employee contributions$1,565,237
Employer contribution per active participant$2,054
Average account balance$86,013
Benefits paid to participants$2,432,046
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 194 accts · $626K emplr
2023$14.6M · 207 accts · $674K emplr
2022$13.5M · 208 accts · $708K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,666
Total administrative$23,666
The Adaptec Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$2,054
Median for plans this size$2,416
2024$2,054 per active participant
2023$1,732 per active participant
2022$2,087 per active participant

Adaptec Solutions, LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,666

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$23,666 · 0.15%
2023$18,824 · 0.13%
2022$20,750 · 0.14%
Same employer
Similar plansManufacturing · New York
Roland Foods, LLC NY$16.8M · 0.63%
Hammer Packaging Corp. NY$16.5M · 0.07%
Comfort Window Co., Inc. NY$16.4M · 0.41%
Roberts Gordon LLC NY$16.3M · 0.32%
Vaso Corporation NY$16.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811689436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.