Plan Ledger DOL Form 5500 · updated monthly

Asgco Manufacturing, Inc.401(k)

ASGCO MANUFACTURING, INC. 401(K) PROFIT SHARING PLAN · NAZARETH, PA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Asgco Manufacturing, Inc. reported $60,706 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $4,160 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 0.48% to 0.44%. 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 Pennsylvania (1,900th of 3,651), and 7,250th of 13,661 in manufacturing. In 2024, employees put in $1.48 for every $1.00 the employer contributed; active participation has grown from 99 to 138 since 2022.

Plan summary
Net assets, end of year$14,463,280
Participants with balances183
Active participants138
Employer contributions$574,098
Employee contributions$852,200
Employer contribution per active participant$4,160
Average account balance$79,034
Benefits paid to participants$1,577,882
Plan auditUnmodified (clean) audit opinion
AuditorCAMPBELL, RAPPOLD & YURASITS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 183 accts · $574K emplr
2023$13.1M · 176 accts · $522K emplr
2022$10.0M · 123 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,706
Total administrative$60,706
The Asgco Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$4,160
Median for plans this size$2,416
2024$4,160 per active participant
2023$3,781 per active participant
2022$2,218 per active participant

Asgco Manufacturing, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
THE RETIREMENT PLAN COMPANY, LLC · Plan administrator · Recordkeeping$1,350
THE PARAGON ALLIANCE GROUP LLC · Plan administrator · Recordkeeping$300

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

Recordkeeper by year2
2024THE PARAGON ALLIANCE GROUP LLC, THE RETIREMENT PLAN COMPANY, LLC
2023THE PARAGON ALLIANCE GROUP LLC

This plan has changed recordkeepers within these filings. If you left Asgco Manufacturing, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$60,706 · 0.44%
2023$54,238 · 0.47%
2022$45,136 · 0.48%
Same employer
Similar plansManufacturing · Pennsylvania
Weaber, Inc. PA$14.8M · 0.61%
Sarris Candies, Inc. PA$14.6M · 0.01%
C & J Industries, Inc. PA$14.4M · 0.26%
Goodhart Sons, Inc. PA$14.3M · 0.32%
Leiss Tool & Die Co. PA$14.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231744831 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.