Plan Ledger DOL Form 5500 · updated monthly

Advanced Powder Products, Inc.401(k)

ADVANCED POWDER PRODUCTS 401K PLAN · PHILIPSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Advanced Powder Products, Inc. reported $1,092 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,044 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 fell from 0.04% to 0.03%. 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 (2,905th of 3,651), and 11,311th of 13,661 in manufacturing. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves; active participation has grown from 134 to 182 since 2022.

Plan summary
Net assets, end of year$4,787,561
Participants with balances141
Active participants182
Employer contributions$372,088
Employee contributions$284,000
Employer contribution per active participant$2,044
Average account balance$33,954
Benefits paid to participants$224,196
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG, OAKES & BROWN CO, PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 141 accts · $372K emplr
2023$3.5M · 138 accts · $369K emplr
2022$2.3M · 112 accts · $280K emplr
The Advanced Powder Products, Inc. 401(k) match · 2024
Employer contribution per active participant$2,044
Median for plans this size$1,313
2024$2,044 per active participant
2023$2,559 per active participant
2022$2,093 per active participant

Advanced Powder 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,100
USI SECURITIES INC · Investment advisory (plan)$9,893
TRIDENT RETIREMENT SERVICES, LLC$3,073
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$814

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$1,092 · 0.03%
2023$800 · 0.03%
2022$1,000 · 0.04%
Same employer
Similar plansManufacturing · Pennsylvania
Hitachi Rail Honolulu Jv PA$4.9M · 0.13%
Ross Industrial, LLC PA$4.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251863893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.