Plan Ledger DOL Form 5500 · updated monthly

Chapin International Inc.401(k)

CHAPIN INTERNATIONAL INC. 401(K) PROFIT SHARING PLAN & TRUST · BATAVIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Chapin International Inc. reported $53,134 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $4,448 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 0.42% to 0.28%. 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 the 2,474th-largest of 5,648 plans among New York employers on file, and the 5,767th of 13,661 in manufacturing. In 2024, employees put in $1.05 for every $1.00 the employer contributed; active participation has grown from 229 to 285 since 2022.

Plan summary
Net assets, end of year$20,864,524
Participants with balances361
Active participants285
Employer contributions$1,267,629
Employee contributions$1,332,950
Employer contribution per active participant$4,448
Average account balance$57,796
Benefits paid to participants$2,652,608
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVISBESAW & KERSHNER
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 361 accts · $1.3M emplr
2023$17.6M · 297 accts · $954K emplr
2022$14.8M · 350 accts · $918K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,174
Investment management$36,960
Total administrative$53,134
The Chapin International Inc. 401(k) match · 2024
Employer contribution per active participant$4,448
Median for plans this size$2,416
2024$4,448 per active participant
2023$4,722 per active participant
2022$4,009 per active participant

Chapin International 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
LAWLEY COURIER ADVISORS, LLC · Recordkeeping · Trustee$36,960
ADP, INC. · Loan processing · Recordkeeping$16,174

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

Recordkeeper by year2
2024ADP, LAWLEY COURIER ADVISORS, LLC
2023ADP, LAWLEY COURIER ADVISORS, LLC

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

Administrative cost history3
2024$53,134 · 0.28%
2023$63,476 · 0.39%
2022$66,320 · 0.42%
All plans at this employer2
CHAPIN INTERNATIONAL INC. 401(K) PROFIT SHARING PLAN & TRUST401(k)
CHAPIN INTERNATIONAL INC. 401(K) PROFIT SHARING PLAN & TRUST401(k)
Same employer
Similar plansManufacturing · New York
Koike Aronson, Inc. NY$21.5M · 0.03%
Anoplate Corporation NY$21.4M · 0.00%
Kris-Tech Wire Co., Inc. NY$21.3M · 0.24%
Wagner Hardwoods LLC NY$21.2M · 0.42%
Von Roll USA, Inc. NY$20.8M · 0.30%
F. Schumacher & Co. NY$20.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161560376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.