Plan Ledger DOL Form 5500 · updated monthly

Electri-Cord Manufacturing Compa401(k)

ELECTRI-CORD MANUFACTURING RETIREMENT SAVINGS PLAN · WESTFIELD, PA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Electri-Cord Manufacturing Compa reported $24,865 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,240 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 0.50% to 0.25%. 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 (2,250th of 3,651), and 8,605th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 109 to 84 since 2022.

Plan summary
Net assets, end of year$10,394,751
Participants with balances121
Active participants84
Employer contributions$188,124
Employee contributions$393,677
Employer contribution per active participant$2,240
Average account balance$85,907
Benefits paid to participants$477,428
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 121 accts · $188K emplr
2023$9.2M · 128 accts · $197K emplr
2022$7.6M · 131 accts · $180K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,180
Investment management$23,685
Total administrative$24,865
The Electri-Cord Manufacturing Compa 401(k) match · 2024
Employer contribution per active participant$2,240
Median for plans this size$1,313
2024$2,240 per active participant
2023$2,034 per active participant
2022$1,648 per active participant

Electri-Cord Manufacturing Compa's 2024 employer contribution ran above the $1,313 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
KESTRA ADVISORY SERVICES · Recordkeeping · Trustee$23,685
ADP, INC. · Loan processing · Recordkeeping$1,180
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, KESTRA ADVISORY SERVICES
2023ADP, KESTRA ADVISORY SERVICES

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Administrative cost history3
2024$24,865 · 0.25%
2023$20,677 · 0.25%
2022$43,288 · 0.50%
Similar plansManufacturing · Pennsylvania
F.C. Young and Co., Inc. PA$10.4M · 0.62%
Hoshino (USA), Inc. PA$10.4M · 0.29%
Noah W Kreider & Sons PA$10.4M · 0.66%
Keystone Technologies, LLC PA$10.4M · 0.59%
La Colombe Holdings, Inc. PA$10.3M · 0.76%
Martin's Snacks PA$10.3M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232921706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.