Plan Ledger DOL Form 5500 · updated monthly

Apg Polytech, LLC401(k)

APG POLYTECH SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES · APPLE GROVE, WV · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Apg Polytech, LLC reported $6,545 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,232 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 0.08% to 0.10%. 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 West Virginia (162nd of 265), and 9,972nd of 13,661 in manufacturing. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has shrunk from 116 to 100 since 2022.

Plan summary
Net assets, end of year$7,360,623
Participants with balances118
Active participants100
Employer contributions$423,225
Employee contributions$631,812
Employer contribution per active participant$4,232
Average account balance$62,378
Benefits paid to participants$293,523
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 118 accts · $423K emplr
2023$5.8M · 92 accts · $233K emplr
2022$4.7M · 103 accts · $246K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,817
Investment management$1,728
Total administrative$6,545
The Apg Polytech, LLC 401(k) match · 2024
Employer contribution per active participant$4,232
Median for plans this size$1,313
2024$4,232 per active participant
2023$2,240 per active participant
2022$2,119 per active participant

Apg Polytech, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
USI CONSULTING GROUP · Claims processing · Recordkeeping$4,818

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$6,545 · 0.10%
2023$5,045 · 0.10%
2022$3,996 · 0.08%
Similar plansManufacturing · West Virginia
Champion Industries, Inc. WV$10.1M · 0.01%
Amsted Graphite Materials WV$8.5M · 0.45%
Parkline, Inc. WV$6.9M · 0.32%
Jim C. Hamer Company WV$6.2M · 0.02%
Wincore Window Co., LLC WV$5.4M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824488177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.