Plan Ledger DOL Form 5500 · updated monthly

Bedford Reinforced Plastics, Inc.401(k)

BEDFORD REINFORCED PLASTICS, INC. 401(K) PROFIT SHARING PLAN · BEDFORD, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Bedford Reinforced Plastics, Inc. reported $3,075 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,209 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 3 years on file its reported administrative ratio has held roughly steady near 0.027%. 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 (2,096th of 3,651), and 7,995th of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 151 to 193 since 2022.

Plan summary
Net assets, end of year$12,118,979
Participants with balances193
Active participants193
Employer contributions$233,358
Employee contributions$499,734
Employer contribution per active participant$1,209
Average account balance$62,793
Benefits paid to participants$1,022,473
Plan auditUnmodified (clean) audit opinion
AuditorYOUNG. OAKES, BROWN, & COMPANY,
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 193 accts · $233K emplr
2023$10.6M · 179 accts · $212K emplr
2022$8.2M · 148 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,075
Total administrative$3,075
The Bedford Reinforced Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,209
Median for plans this size$2,416
2024$1,209 per active participant
2023$1,175 per active participant
2022$1,059 per active participant

Bedford Reinforced Plastics, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$3,075

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$3,075 · 0.03%
2023$1,787 · 0.02%
2022$2,400 · 0.03%
Same employer
Similar plansManufacturing · Pennsylvania
Custom Engineering Company PA$12.2M · 0.37%
Astrobotic Technology, Inc. PA$12.2M · 0.16%
Knepper Press Corporation PA$12.1M · 0.10%
Atas International, Inc. PA$12.0M · 0.67%
Ultra Poly Corporation PA$11.8M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251400695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.