Plan Ledger DOL Form 5500 · updated monthly

Custom Processing Services Inc.401(k)

CUSTOM PROCESSING SERVICES, INC. 401K PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Custom Processing Services Inc. reported $22,112 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $465 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 0.42% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,885th of 3,651), and 11,229th of 13,661 in manufacturing. In 2024, employees put in $7.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,958,149
Participants with balances135
Active participants121
Employer contributions$56,237
Employee contributions$408,960
Employer contribution per active participant$465
Average account balance$36,727
Benefits paid to participants$578,181
Plan auditUnmodified (clean) audit opinion
AuditorALAN ROSS & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 135 accts · $56K emplr
2023$4.4M · 143 accts · $64K emplr
2022$3.5M · 191 accts · $61K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,112
Total administrative$22,112
The Custom Processing Services Inc. 401(k) match · 2024
Employer contribution per active participant$465
Median for plans this size$1,313
2024$465 per active participant
2023$533 per active participant
2022$465 per active participant

Custom Processing Services Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$22,112 · 0.47%
2023$17,763 · 0.45%
2022$15,876 · 0.42%
Same employer
Similar plansManufacturing · Pennsylvania
Printfly Corporation PA$5.1M · 0.05%
Kenson Plastics, Inc. PA$4.9M · 0.04%
Hitachi Rail Honolulu Jv PA$4.9M · 0.13%
Ross Industrial, LLC PA$4.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232980386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.