Api Heat Transfer Inc.401(k)

Api Heat Transfer Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $51,993,459 across 703 participant accounts, with employer contributions averaging $2,183 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.022% to 0.024%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,326th-largest of 5,648 plans among New York employers on file, and the 3,063rd of 13,661 in manufacturing. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has shrunk from 559 to 371 since 2022.