Plan Ledger DOL Form 5500 · updated monthly

Coadap LLC401(k)

COADAP LLC PROFIT SHARING 401(K) PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Coadap LLC reported $18,297 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,636 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 0.08% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 835th-largest of 3,651 plans among Pennsylvania employers on file, and the 289th of 786 in management of companies. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has shrunk from 1,071 to 750 since 2022.

Plan summary
Net assets, end of year$46,987,571
Participants with balances900
Active participants750
Employer contributions$1,976,776
Employee contributions$3,286,255
Employer contribution per active participant$2,636
Average account balance$52,208
Benefits paid to participants$4,445,287
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.0M · 900 accts · $2.0M emplr
2023$40.2M · 845 accts · $2.0M emplr
2022$32.4M · 958 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,881
Investment management$1,416
Total administrative$18,297
The Coadap LLC 401(k) match · 2024
Employer contribution per active participant$2,636
Median for plans this size$2,416
2024$2,636 per active participant
2023$2,651 per active participant
2022$1,820 per active participant

Coadap LLC's 2024 employer contribution ran above 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$1,416

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$18,297 · 0.04%
2023$18,199 · 0.05%
2022$27,827 · 0.08%
Same employer
Similar plansManagement of Companies · Pennsylvania
Burnham Holdings, Inc. PA$67.0M · 0.12%
Pace Resources, Inc. PA$56.6M · 0.02%
Transtar, LLC PA$43.9M · 0.55%
Penn Community Bank PA$43.5M · 0.36%
The Conti Group LLC PA$34.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853715883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.