Plan Ledger DOL Form 5500 · updated monthly

Advantech Corporation401(k)

ADVANTECH CORPORATION 401(K) PLAN · MILPITAS, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Advantech Corporation reported $43,711 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,080 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 0.048% to 0.053%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,139th-largest of 9,483 plans among California employers on file, and the 2,117th of 13,661 in manufacturing. In 2024, employees put in $4.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,548,438
Participants with balances619
Active participants514
Employer contributions$1,068,877
Employee contributions$4,860,619
Employer contribution per active participant$2,080
Average account balance$139,820
Benefits paid to participants$7,429,759
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.5M · 619 accts · $1.1M emplr
2023$76.9M · 625 accts · $1.1M emplr
2022$62.5M · 605 accts · $990K emplr
Administrative expenses, itemized · 2024
Investment management$19,716
Total administrative$43,711
The Advantech Corporation 401(k) match · 2024
Employer contribution per active participant$2,080
Median for plans this size$3,635
2024$2,080 per active participant
2023$2,124 per active participant
2022$2,020 per active participant

Advantech Corporation's 2024 employer contribution ran below the $3,635 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
GLOBAL RETIREMENT PARTNERS, LLC · Consulting · Investment advisory (plan)$36,250
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,716
WELLTH ADVISORY SERVICES, LLC · Investment advisory (plan)$12,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$43,711 · 0.05%
2023$33,089 · 0.05%
2022$32,522 · 0.05%
Same employer
Similar plansManufacturing · California
Ossur Americas, Inc. CA$88.5M · 0.16%
Mga Entertainment CA$87.6M · 0.22%
See's Candies, Inc. CA$86.0M · 0.24%
Pmc Global, Inc. CA$85.4M · 0.26%
Sk Hynix America, Inc. CA$83.5M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680144624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.