Plan Ledger DOL Form 5500 · updated monthly

Bloomsburg Carpet Industries, Inc.401(k)

BLOOMSBURG CARPET INDUSTRIES PS PLAN · BLOOMSBURG, PA · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Bloomsburg Carpet Industries, Inc. reported $62,717 in plan administrative expenses for 2023: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,905 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 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,471st-largest of 3,651 plans among Pennsylvania employers on file, and the 5,633rd of 13,661 in manufacturing. In 2023, employees put in $1.60 for every $1.00 the employer contributed; active participation has shrunk from 242 to 171 since 2022.

Plan summary
Net assets, end of year$21,629,447
Participants with balances196
Active participants171
Employer contributions$325,749
Employee contributions$520,996
Employer contribution per active participant$1,905
Average account balance$110,354
Benefits paid to participants$1,336,835
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 204 accts · $332K emplr
2023$21.6M · 196 accts · $326K emplr
2022$19.6M · 197 accts · $466K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,370
Investment management$41,347
Total administrative$62,717
The Bloomsburg Carpet Industries, Inc. 401(k) match · 2023
Employer contribution per active participant$1,905
Median for plans this size$2,440
2024$1,855 per active participant
2023$1,905 per active participant
2022$1,928 per active participant

Bloomsburg Carpet Industries, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$21,370
MORGAN STANLEY GLOBAL · Investment advisory (plan)$41,347

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$62,507 · 0.29%
2023$62,717 · 0.30%
2022$60,366 · 0.28%
Similar plansManufacturing · Pennsylvania
Bimbo Bakeries USA Inc PA$22.0M · 0.60%
Gerrity's Supermarket, Inc. PA$21.8M · 0.37%
Bonney Forge Corp PA$21.5M · 0.23%
Bollman Hat Company PA$21.1M · 0.00%
Kerotest Industries, Inc. PA$21.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232957330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.