Plan Ledger DOL Form 5500 · updated monthly

American Crane & Equipment Corporation401(k)

AMERICAN CRANE & EQUIPMENT CORPORATION 401(K) PLAN · DOUGLASSVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

American Crane & Equipment Corporation reported $91,284 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,338 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 0.34% to 0.38%. 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 1,289th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,913th of 13,661 in manufacturing. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has grown from 148 to 196 since 2022.

Plan summary
Net assets, end of year$26,564,275
Participants with balances211
Active participants196
Employer contributions$458,340
Employee contributions$1,316,150
Employer contribution per active participant$2,338
Average account balance$125,897
Benefits paid to participants$351,990
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN & COMPANY, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$26.6M · 211 accts · $458K emplr
2023$21.8M · 180 accts · $397K emplr
2022$18.0M · 150 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,364
Investment management$63,920
Total administrative$91,284
The American Crane & Equipment Corporation 401(k) match · 2024
Employer contribution per active participant$2,338
Median for plans this size$2,416
2024$2,338 per active participant
2023$2,390 per active participant
2022$2,121 per active participant

American Crane & Equipment Corporation's 2024 employer contribution ran below 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 · 20243
FIRST NATIONAL TRUST COMPANY · Investment advisory (plan)$56,197
EMPOWER ADVISORY GROUP, LLC · Investment management$7,723

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$91,284 · 0.38%
2023$66,320 · 0.33%
2022$70,764 · 0.34%
Same employer
Similar plansManufacturing · Pennsylvania
Corry Manufacturing Company PA$27.1M · 0.28%
Virtus Corporation Inc. PA$26.9M · 0.01%
Resin Solutions, LLC PA$26.7M · 0.29%
Tyndale Enterprises, Inc. PA$26.4M · 0.50%
Ox Paper Tube & Core, LLC PA$26.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231872807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.