Plan Ledger DOL Form 5500 · updated monthly

Aquaphoenix Scientific, LLC401(k)

AQUAPHOENIX SCIENTIFIC 401(K) PLAN · HANOVER, PA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Aquaphoenix Scientific, LLC reported $94,866 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,867 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 0.59% to 0.54%. 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 1,430th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,474th of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 237 to 268 since 2022.

Plan summary
Net assets, end of year$22,584,342
Participants with balances319
Active participants268
Employer contributions$768,307
Employee contributions$1,233,965
Employer contribution per active participant$2,867
Average account balance$70,797
Benefits paid to participants$4,295,960
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.6M · 319 accts · $768K emplr
2023$12.8M · 271 accts · $518K emplr
2022$10.5M · 234 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,258
Investment management$29,608
Total administrative$94,866
The Aquaphoenix Scientific, LLC 401(k) match · 2024
Employer contribution per active participant$2,867
Median for plans this size$2,416
2024$2,867 per active participant
2023$2,419 per active participant
2022$1,924 per active participant

Aquaphoenix Scientific, LLC's 2024 employer contribution ran above 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 · 20245
LPL FINANCIAL · Investment advisory (plan)$29,132
PA RETIREMENT SOLUTIONS INC · Contract administrator$15,522
EMPOWER ADVISORY GROUP, LLC · Investment management$5,559
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$897

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$94,866 · 0.54%
2023$69,367 · 0.59%
2022$65,060 · 0.59%
Same employer
Similar plansManufacturing · Pennsylvania
Simona America Group Inc. PA$23.3M · 0.33%
Matric Limited, Inc. PA$22.8M · 0.64%
New Hudson Facades, LLC PA$22.7M · 0.43%
Rockland, Inc. PA$22.6M · 0.19%
Seegrid Corporation PA$22.2M · 0.44%
Furman Foods, Inc. PA$22.2M · 0.06%
Intervala, LLC PA$22.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233058449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.