Plan Ledger DOL Form 5500 · updated monthly

Corry Fabrication, LLC401(k)

THE CORRY FABRICATION 401(K) SAVINGS PLAN · CORRY, PA · plan year 2023

Reported admin expense ratio · 2023
1.04%

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

Corry Fabrication, LLC reported $24,221 in plan administrative expenses for 2023: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,490 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (3,331st of 3,651), and 12,779th of 13,661 in manufacturing. In 2023, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,102,470
Participants with balances74
Active participants46
Employer contributions$68,528
Employee contributions$85,005
Employer contribution per active participant$1,490
Average account balance$28,412
Benefits paid to participants$866,231
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL, POWER, BELL, AND ASSOCIATES
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,048
Trustee / custodial$18,173
Total administrative$24,221
The Corry Fabrication, LLC 401(k) match · 2023
Employer contribution per active participant$1,490
Median for plans this size$1,308

Corry Fabrication, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ALERUS FINANCIAL N.A. · Recordkeeping · Trustee$24,221

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

Administrative cost history1
2023$24,221 · 1.04%
Similar plansManufacturing · Pennsylvania
Skc, Inc. PA$2.2M · 0.18%
Top-Star, Inc. PA$2.2M · 0.71%
John Rock, Inc. PA$2.1M · 0.75%
Uct, Inc PA$1.8M · 0.82%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 851054381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.