Plan Ledger DOL Form 5500 · updated monthly

Chelsea Building Products, Inc.401(k)

CHELSEA BUILDING PRODUCTS, INC. RETIREMENT SAVINGS/401(K) PLAN · OAKMONT, PA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Chelsea Building Products, Inc. reported $56,360 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $755 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 rose from 0.37% to 0.42%. 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 (1,902nd of 3,651), and 7,262nd of 13,661 in manufacturing. In 2024, employees put in $3.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,403,020
Participants with balances295
Active participants339
Employer contributions$256,034
Employee contributions$857,415
Employer contribution per active participant$755
Average account balance$48,824
Benefits paid to participants$1,342,738
Plan auditUnmodified (clean) audit opinion
AuditorEPSTEIN TABOR AND SCHORR
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 295 accts · $256K emplr
2023$12.7M · 232 accts · $236K emplr
2022$11.3M · 205 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,877
Investment management$45,483
Total administrative$56,360
The Chelsea Building Products, Inc. 401(k) match · 2024
Employer contribution per active participant$755
Median for plans this size$2,416
2024$755 per active participant
2023$763 per active participant
2022$691 per active participant

Chelsea Building Products, 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$45,483
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,877

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$56,360 · 0.42%
2023$43,156 · 0.36%
2022$45,437 · 0.37%
Same employer
Similar plansManufacturing · Pennsylvania
Weaber, Inc. PA$14.8M · 0.61%
Sarris Candies, Inc. PA$14.6M · 0.01%
Asgco Manufacturing, Inc. PA$14.5M · 0.44%
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%
Alcom Printing Group, Inc. PA$14.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232869908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.