Plan Ledger DOL Form 5500 · updated monthly

Advanced Conversion Technology, Inc401(k)

ADVANCED CONVERSION TECHNOLOGY, INC. PROFIT SHARING PLAN · MIDDLETOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Advanced Conversion Technology, Inc reported $62,188 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $3,823 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 0.19% to 0.42%. 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 1,824th-largest of 3,651 plans among Pennsylvania employers on file, and 7,008th of 13,661 in manufacturing. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 110 to 124 since 2022.

Plan summary
Net assets, end of year$15,303,500
Participants with balances181
Active participants124
Employer contributions$473,990
Employee contributions$613,734
Employer contribution per active participant$3,823
Average account balance$84,550
Benefits paid to participants$1,855,835
Plan auditUnmodified (clean) audit opinion
AuditorBROWN PLUS
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 181 accts · $474K emplr
2023$14.1M · 165 accts · $390K emplr
2022$13.1M · 179 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,866
Investment management$59,322
Total administrative$62,188
The Advanced Conversion Technology, Inc 401(k) match · 2024
Employer contribution per active participant$3,823
Median for plans this size$2,416
2024$3,823 per active participant
2023$3,363 per active participant
2022$3,657 per active participant

Advanced Conversion Technology, Inc's 2024 employer contribution ran above 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
FULTON BANK, N.A. · Recordkeeping · Consulting$62,188

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

Recordkeeper by year2
2024FULTON BANK, N.A.
2023FULTON BANK, N.A.

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Administrative cost history3
2024$62,188 · 0.42%
2023$59,617 · 0.44%
2022$28,779 · 0.19%
All plans at this employer2
ADVANCED CONVERSION TECHNOLOGY, INC. PROFIT SHARING PLAN401(k)
ADVANCED CONVERSION TECHNOLOGY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 232186457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.