Plan Ledger DOL Form 5500 · updated monthly

Delphinus Engineering, Inc.401(k)

DELPHINUS ENGINEERING, INC. 401(K) PROFIT SHARING PLAN · EDDYSTONE, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Delphinus Engineering, Inc. reported $1,875 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,278 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 0.009% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 959th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,685th of 13,661 in manufacturing. In 2024, employees put in $4.29 for every $1.00 the employer contributed; active participation has grown from 586 to 670 since 2022.

Plan summary
Net assets, end of year$39,886,076
Participants with balances1,167
Active participants670
Employer contributions$856,323
Employee contributions$3,669,519
Employer contribution per active participant$1,278
Average account balance$34,178
Benefits paid to participants$4,463,266
Plan auditUnmodified (clean) audit opinion
AuditorKELLY, WELDE & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.9M · 1,167 accts · $856K emplr
2023$34.5M · 1,104 accts · $802K emplr
2022$28.8M · 1,064 accts · $784K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,875
Total administrative$1,875
The Delphinus Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$1,278
Median for plans this size$2,416
2024$1,278 per active participant
2023$1,414 per active participant
2022$1,338 per active participant

Delphinus Engineering, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20241

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$1,875 · 0.01%
2023$1,625 · 0.01%
2022$2,725 · 0.01%
Same employer
Similar plansManufacturing · Pennsylvania
Harrington Hoists, Inc. PA$41.1M · 0.27%
Iqe, Inc. PA$40.6M · 0.31%
Solesis, LLC PA$40.4M · 0.16%
Lafrance Corporation PA$39.9M · 0.20%
Kunzler & Company, Inc. PA$39.7M · 0.33%
Ecore International PA$39.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232784914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.