Plan Ledger DOL Form 5500 · updated monthly

Boose Aluminum Foundry Co., Inc.401(k)

BOOSE ALUMINUM FOUNDRY CO., INC. 401(K) PROFIT SHARING PLAN · STEVENS, PA · plan year 2023

Reported admin expense ratio · 2023
1.06%

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

Boose Aluminum Foundry Co., Inc. reported $34,774 in plan administrative expenses for 2023: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,171 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 1 year on file its reported administrative ratio rose from 0.95% to 1.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (3,088th of 3,651), and 11,964th of 13,661 in manufacturing. In 2023, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,584,123
Participants with balances80
Active participants74
Employer contributions$86,636
Employee contributions$261,345
Employer contribution per active participant$1,171
Average account balance$44,802
Benefits paid to participants$283,835
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history2
Yearassets · accounts · employer contribution
2023$3.6M · 80 accts · $87K emplr
2022$3.0M · 102 accts · $107K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,507
Investment management$21,267
Total administrative$34,774
The Boose Aluminum Foundry Co., Inc. 401(k) match · 2023
Employer contribution per active participant$1,171
Median for plans this size$1,308
2023$1,171 per active participant
2022$1,249 per active participant

Boose Aluminum Foundry Co., Inc.'s 2023 employer contribution ran below the $1,308 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
JULY BUSINESS SERVICES, LLC · Claims processing · Recordkeeping$13,507
VICTORY ASSET MANAGEMENT INC. · Investment advisory (plan)$21,267

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

Administrative cost history2
2023$34,774 · 1.06%
2022$27,392 · 0.95%
Same employer
Similar plansManufacturing · Pennsylvania
Alvord-Polk, Inc. PA$3.6M · 0.50%
Staiman Brothers, Inc. PA$3.6M · 0.83%
Gregory Packaging Inc PA$3.6M · 0.41%
Ask Foods, Inc. PA$3.6M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231279703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.