Plan Ledger DOL Form 5500 · updated monthly

American Portwell Technology, Inc.401(k)

AMERICAN PORTWELL TECHNOLOGY, INC. 401(K) PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

American Portwell Technology, Inc. reported $85,748 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $3,122 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 0.27% to 0.30%. 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 2,594th-largest of 9,483 plans among California employers on file, and the 4,343rd of 13,661 in manufacturing. In 2024, employees put in $5.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,361,728
Participants with balances130
Active participants132
Employer contributions$412,045
Employee contributions$2,153,053
Employer contribution per active participant$3,122
Average account balance$241,244
Benefits paid to participants$502,727
Plan auditUnmodified (clean) audit opinion
AuditorK A L L ACCOUNTANCY CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 130 accts · $412K emplr
2023$25.1M · 128 accts · $354K emplr
2022$21.1M · 124 accts · $287K emplr
The American Portwell Technology, Inc. 401(k) match · 2024
Employer contribution per active participant$3,122
Median for plans this size$2,416
2024$3,122 per active participant
2023$2,764 per active participant
2022$2,333 per active participant

American Portwell Technology, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024$85,748 · 0.30%
2023$71,150 · 0.31%
2022$60,855 · 0.27%
Same employer
Similar plansManufacturing · California
Lockwood Industries, LLC CA$31.7M · 0.29%
C.G. Roxane CA$31.6M · 0.28%
Skydio Inc. CA$31.4M · 0.53%
Reflexion Medical CA$30.9M · 0.01%
Sierra Circuits, Inc. CA$30.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770511706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.