Plan Ledger DOL Form 5500 · updated monthly

Concurrent Technologies CorporationProfit-sharing plan

CONCURRENT TECHNOLOGIES CORPORATION RETIREMENT SAVINGS PLAN · JOHNSTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Concurrent Technologies Corporation reported $157,010 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,231 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 0.06% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 259th-largest of 3,651 plans among Pennsylvania employers on file, and the 72nd of 3,341 in other services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 372 to 418 since 2022.

Plan summary
Net assets, end of year$226,175,848
Participants with balances1,355
Active participants418
Employer contributions$1,768,511
Employee contributions$3,991,073
Employer contribution per active participant$4,231
Average account balance$166,919
Benefits paid to participants$14,291,586
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$226.2M · 1,355 accts · $1.8M emplr
2023$207.9M · 1,652 accts · $2.7M emplr
2022$182.5M · 1,574 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,939
Investment management$84,904
Audit (IQPA)$19,167
Total administrative$157,010
Employer contributions to the Concurrent Technologies Corporation plan · 2024
Employer contribution per active participant$4,231
Median for plans this size$3,635
2024$4,231 per active participant
2023$6,774 per active participant
2022$3,787 per active participant

Concurrent Technologies Corporation's 2024 employer contribution ran above the $3,635 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
TIAA · Recordkeeping · Pension consulting$63,022
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$74,821
BDO USA, P.C. · Accounting / audit$19,167

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$157,010 · 0.07%
2023$126,350 · 0.06%
2022$107,667 · 0.06%
Same employer
Similar plansOther Services · Pennsylvania
The Pew Charitable Trusts PA$428.2M · 0.03%
Hbg, Inc. PA$301.8M
Aaa East Central PA$126.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251556708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.