Plan Ledger DOL Form 5500 · updated monthly

Advanced Pressure Technology401(k)

ADVANCED PRESSURE TECHNOLOGY 401(K) PROFIT SHARING RETIREMENT PLAN · NOBLESVILLE, IN · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Advanced Pressure Technology reported $18,457 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,268 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 0.04% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 452nd-largest of 1,562 plans among Indiana employers on file, and the 4,698th of 13,661 in manufacturing. In 2023, employees put in $2.97 for every $1.00 the employer contributed; active participation has grown from 300 to 344 since 2022.

Plan summary
Net assets, end of year$28,309,896
Participants with balances282
Active participants344
Employer contributions$436,254
Employee contributions$1,295,979
Employer contribution per active participant$1,268
Average account balance$100,390
Benefits paid to participants$1,207,473
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.5M · 282 accts · $444K emplr
2023$28.3M · 282 accts · $436K emplr
2022$23.3M · 265 accts · $394K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,457
Total administrative$18,457
The Advanced Pressure Technology 401(k) match · 2023
Employer contribution per active participant$1,268
Median for plans this size$2,440
2024$1,305 per active participant
2023$1,268 per active participant
2022$1,314 per active participant

Advanced Pressure Technology's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOCELYN PENSION CONSULTING, LLC · Recordkeeping · Pension consulting$18,457

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

Recordkeeper by year2
2024JOCELYN PENSION CONSULTING, LLC
2023JOCELYN PENSION CONSULTING, LLC

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

Administrative cost history3
2024$20,451 · 0.08%
2023$18,457 · 0.07%
2022$10,559 · 0.04%
Similar plansManufacturing · Indiana
Elgin Fastener Group, LLC IN$28.8M · 0.35%
Manar, Inc. IN$28.7M · 0.01%
Kitchen Kompact, Inc. IN$28.7M · 0.23%
Laidig Systems, Inc. IN$28.1M · 0.10%
Toa (USA), LLC IN$26.4M · 0.56%
Doxim, Inc. IN$26.1M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680127656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.