Plan Ledger DOL Form 5500 · updated monthly

Appolo Heating, Inc.401(k)

APPOLO HEATING, INC. 401(K) PROFIT SHARING PLAN · SCHENECTADY, NY · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Appolo Heating, Inc. reported $10,033 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $941 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 0.33% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (4,551st of 5,648), and 4,079th of 5,337 in construction. In 2024, employees put in $3.12 for every $1.00 the employer contributed; active participation has shrunk from 105 to 84 since 2022.

Plan summary
Net assets, end of year$4,636,070
Participants with balances165
Active participants84
Employer contributions$79,067
Employee contributions$246,944
Employer contribution per active participant$941
Average account balance$28,097
Benefits paid to participants$267,362
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 165 accts · $79K emplr
2023$4.0M · 156 accts · $86K emplr
2022$4.2M · 154 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,033
Audit (IQPA)$5,000
Total administrative$10,033
The Appolo Heating, Inc. 401(k) match · 2024
Employer contribution per active participant$941
Median for plans this size$1,313
2024$941 per active participant
2023$919 per active participant
2022$869 per active participant

Appolo Heating, 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 · 20245
NATIONWIDE · Recordkeeping · Custodial$741
BONADIO AND CO LLP · Accounting / audit$5,000
PROACCOUNT · Investment advisory (participants)$2,826
TYCOR BENEFIT ADMINISTRATORS INC · Contract administrator · Investment advisory (participants)$1,607
KESTRA INVESTMENT SERVICESindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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Administrative cost history3
2024$10,033 · 0.23%
2023$6,326 · 0.15%
2022$14,967 · 0.33%
Similar plansConstruction · New York
Donnelly Mechanical Corp. NY$4.7M · 0.78%
Allstate Sprinkler, LLC NY$3.9M · 1.02%
Delco Electrical Corp. NY$3.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204369056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.