Plan Ledger DOL Form 5500 · updated monthly

American Turned Products, Inc.401(k)

AMERICAN TURNED PRODUCTS RETIREMENT SAVINGS PLAN · FAIRVIEW, PA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

American Turned Products, Inc. reported $19,710 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,021 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 0.25% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,608th of 3,651), and 9,999th of 13,661 in manufacturing. In 2024, employees put in $3.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,310,269
Participants with balances73
Active participants86
Employer contributions$87,821
Employee contributions$267,106
Employer contribution per active participant$1,021
Average account balance$100,141
Benefits paid to participants$638,750
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER, KNIGHT, MINNAUGH & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 73 accts · $88K emplr
2023$6.7M · 82 accts · $88K emplr
2022$5.9M · 93 accts · $76K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,710
Total administrative$19,710
The American Turned Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,021
Median for plans this size$1,313
2024$1,021 per active participant
2023$910 per active participant
2022$899 per active participant

American Turned Products, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
BURKE GROUP · Recordkeeping · Consulting$19,710

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

Recordkeeper by year2
2024BURKE GROUP
2023BURKE GROUP

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

Administrative cost history3
2024$19,710 · 0.28%
2023$17,846 · 0.28%
2022$17,040 · 0.25%
Similar plansManufacturing · Pennsylvania
Pdc Machines LLC PA$7.4M · 0.55%
F & S Tool, Inc. PA$7.4M · 0.52%
Mgs, Inc. PA$7.3M · 0.49%
Pavmed Inc. PA$7.2M · 0.54%
Wirerope Works, Inc. PA$7.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251465523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.