Plan Ledger DOL Form 5500 · updated monthly

Anoplate Corporation401(k)

ANOPLATE CORPORATION EMPLOYEES' DEFERRED SAVINGS AND PROFIT SHARING PLAN AND TRUST · SYRACUSE, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Anoplate Corporation reported $788 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,326 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 fell from 0.01% to 0.00%. 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 2,426th-largest of 5,648 plans among New York employers on file, and the 5,671st of 13,661 in manufacturing. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 189 to 222 since 2022.

Plan summary
Net assets, end of year$21,402,176
Participants with balances277
Active participants222
Employer contributions$516,415
Employee contributions$1,179,752
Employer contribution per active participant$2,326
Average account balance$77,264
Benefits paid to participants$1,478,851
Plan auditUnmodified (clean) audit opinion
AuditorD'ARCANGELO & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 277 accts · $516K emplr
2023$18.4M · 254 accts · $479K emplr
2022$14.8M · 233 accts · $434K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$788
Total administrative$788
The Anoplate Corporation 401(k) match · 2024
Employer contribution per active participant$2,326
Median for plans this size$2,416
2024$2,326 per active participant
2023$2,346 per active participant
2022$2,296 per active participant

Anoplate 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$788

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$788 · 0.00%
2023$750 · 0.00%
2022$830 · 0.01%
Same employer
Similar plansManufacturing · New York
Nortera Foods USA Inc. NY$21.6M · 0.60%
Koike Aronson, Inc. NY$21.5M · 0.03%
Kris-Tech Wire Co., Inc. NY$21.3M · 0.24%
Wagner Hardwoods LLC NY$21.2M · 0.42%
Chapin International Inc. NY$20.9M · 0.28%
Von Roll USA, Inc. NY$20.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134204152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.