Plan Ledger DOL Form 5500 · updated monthly

Afc Industries, Inc.401(k)

AFC INDUSTRIES, INC. PROFIT SHARING PLAN · BRIDGEVILLE, PA · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Afc Industries, Inc. reported $17,325 in plan administrative expenses for 2022: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,031 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,620th-largest of 3,651 plans among Pennsylvania employers on file, and the 6,280th of 13,661 in manufacturing. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,268,495
Participants with balances491
Active participants350
Employer contributions$1,060,714
Employee contributions$1,708,412
Employer contribution per active participant$3,031
Average account balance$37,207
Benefits paid to participants$673,822
Plan auditUnmodified (clean) audit opinion
AuditorSHNEIDER DOWNS & CO INC.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$18.3M · 491 accts · $1.1M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,325
Total administrative$17,325
The Afc Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$3,031
Median for plans this size$2,266

Afc Industries, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$17,325 · 0.10%
Same employer
Similar plansManufacturing · Pennsylvania
Allen Organ Company LLC PA$19.0M · 0.40%
Reynolds Services, Inc. PA$18.8M · 0.30%
Amplifier Research Corp. PA$18.3M · 0.27%
Akrion Technologies, Inc. PA$18.3M · 0.12%
Npx One, LLC PA$18.2M · 0.65%
Premier Custom-Built, Inc. PA$18.2M · 0.30%
Port Erie Plastics, Inc. PA$18.0M · 0.31%
Richter Precision Inc PA$18.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311222527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.