Plan Ledger DOL Form 5500 · updated monthly

Armstrong Pumps, Inc.401(k)

EMPLOYEES' PENSION PLAN OF ARMSTRONG PUMPS, INC. · NORTH TONAWANDA, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Armstrong Pumps, Inc. reported $17,316 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,304 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 0.20% to 0.12%. 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 among the smaller plans on file in New York (3,040th of 5,648), and 7,287th of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,318,411
Participants with balances224
Active participants192
Employer contributions$634,277
Employee contributions$1,229,294
Employer contribution per active participant$3,304
Average account balance$63,921
Benefits paid to participants$3,035,731
Plan auditUnmodified (clean) audit opinion
AuditorLUMSDEN & MCCORMICK
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 224 accts · $634K emplr
2023$13.9M · 224 accts · $590K emplr
2022$12.6M · 193 accts · $523K emplr
Administrative expenses, itemized · 2024
Investment management$33,936
Total administrative$17,316
The Armstrong Pumps, Inc. 401(k) match · 2024
Employer contribution per active participant$3,304
Median for plans this size$2,416
2024$3,304 per active participant
2023$3,105 per active participant
2022$2,955 per active participant

Armstrong Pumps, Inc.'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 · 20242
WILMINGTON TRUST NATIONAL ASSOC · Investment advisory (plan)$33,936
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$17,316 · 0.12%
2023$20,073 · 0.15%
2022$26,866 · 0.20%
Same employer
Similar plansManufacturing · New York
Pool Cover Corporation NY$14.6M · 0.01%
Taylor Metalworks, Inc. NY$14.6M · 0.03%
Topiderm, Inc. NY$14.3M · 0.03%
River Valley Foods, Inc. NY$14.3M · 0.03%
T L F Graphics Inc NY$14.3M · 0.30%
Intercos America, Inc. NY$14.2M · 0.55%
Matt Industries, Inc. NY$14.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160910412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.