Plan Ledger DOL Form 5500 · updated monthly

Apex Piping Systems, Inc.401(k)

APEX PIPING SYSTEMS, INC 401(K) PLAN AND TRUST · NEWPORT, DE · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Apex Piping Systems, Inc. reported $31,609 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,337 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 0.17% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 119th-largest of 242 plans among Delaware employers on file, and the 2,437th of 5,337 in construction. In 2024, employees put in $4.39 for every $1.00 the employer contributed; active participation has shrunk from 69 to 60 since 2022.

Plan summary
Net assets, end of year$15,264,795
Participants with balances131
Active participants60
Employer contributions$80,221
Employee contributions$351,990
Employer contribution per active participant$1,337
Average account balance$116,525
Benefits paid to participants$1,501,190
Plan auditDisclaimer of opinion
AuditorHORTY & HORTY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 131 accts · $80K emplr
2023$14.5M · 144 accts · $86K emplr
2022$12.4M · 141 accts · $83K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,303
Investment management$22,306
Total administrative$31,609
The Apex Piping Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,337
Median for plans this size$2,416
2024$1,337 per active participant
2023$1,260 per active participant
2022$1,207 per active participant

Apex Piping Systems, Inc.'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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$9,303
LPL FINANCIAL RPCP · Investment advisory (plan)$22,306

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$31,609 · 0.21%
2023$21,670 · 0.16%
2022$23,086 · 0.17%
Similar plansConstruction · Delaware
Schell Brothers, LLC DE$15.4M · 0.45%
Nickle Electrical Companies DE$15.2M · 0.03%
County Insulation Company DE$12.7M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510371668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.