Plan Ledger DOL Form 5500 · updated monthly

Climatech, Inc.401(k)

CLIMATECH, INC. RETIREMENT SAVINGS PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Climatech, Inc. reported $71,724 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,892 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 0.10% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,668th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,216th of 5,337 in construction. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 146 to 170 since 2022.

Plan summary
Net assets, end of year$17,593,603
Participants with balances161
Active participants170
Employer contributions$321,576
Employee contributions$662,417
Employer contribution per active participant$1,892
Average account balance$109,277
Benefits paid to participants$2,860,028
Plan auditUnmodified (clean) audit opinion
AuditorSTELMACK, DOBRANSKY & EANNANCE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 161 accts · $322K emplr
2023$17.3M · 157 accts · $364K emplr
2022$13.6M · 141 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,475
Investment management$30,249
Audit (IQPA)$11,000
Total administrative$71,724
The Climatech, Inc. 401(k) match · 2024
Employer contribution per active participant$1,892
Median for plans this size$2,416
2024$1,892 per active participant
2023$2,048 per active participant
2022$1,799 per active participant

Climatech, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CAPITAL GROUP RETIREMENT PLAN SERVI$21,480
STELMACK DOBRANSKY & EANNACE, LLC · Accounting / audit$11,000
SIEGEL ACTUARIAL CONSULTING, INC. · Contract administrator$8,995

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$71,724 · 0.41%
2023$65,237 · 0.42%
2022$14,865 · 0.10%
Same employer
Similar plansConstruction · Pennsylvania
Klover Sepa Inc. PA$17.9M · 0.47%
Frey Lutz Corp. PA$17.1M · 0.51%
Houck Services, Inc. PA$16.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251222596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.