Plan Ledger DOL Form 5500 · updated monthly

Ardex, L.P.401(k)

ARDEX, L.P. 401(K) PLAN · ALIQUIPPA, PA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Ardex, L.P. reported $109,487 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,624 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 0.25% to 0.23%. 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 793rd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,153rd of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,019,369
Participants with balances385
Active participants339
Employer contributions$1,228,700
Employee contributions$2,547,323
Employer contribution per active participant$3,624
Average account balance$129,920
Benefits paid to participants$6,458,874
Plan auditUnmodified (clean) audit opinion
AuditorGROSSMAN, YANAK & FORD, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$50.0M · 385 accts · $1.2M emplr
2023$45.9M · 407 accts · $1.0M emplr
2022$40.9M · 389 accts · $947K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,310
Investment management$61,497
Audit (IQPA)$11,529
Total administrative$109,487
The Ardex, L.P. 401(k) match · 2024
Employer contribution per active participant$3,624
Median for plans this size$2,416
2024$3,624 per active participant
2023$2,948 per active participant
2022$2,836 per active participant

Ardex, L.P.'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 · 20247
EMPOWER ADVISORY GROUP, LLC · Investment management$40,533
ARDEX LP$25,151
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$12,964
GROSSMAN YANAK & FORD LLP · Accounting / audit$11,529
MARSH & MCLENNAN COMPANIES INC · Investment advisory (plan)$8,000
MMCSC · Investment advisory (plan)indirect comp

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$109,487 · 0.23%
2023$105,475 · 0.24%
2022$109,422 · 0.25%
Same employer
Similar plansManufacturing · Pennsylvania
Brentwood Industries, Inc. PA$50.3M · 0.16%
Arctic Glacier U.S.A., Inc. PA$50.2M · 0.29%
Tobii Dynavox LLC PA$50.1M · 0.35%
Ipeg, Inc. PA$49.9M · 0.01%
Trinseo, LLC PA$49.4M · 0.10%
Powerex, Inc. PA$48.9M · 0.07%
Betts Industries, Inc. PA$48.9M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200505554 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.