Plan Ledger DOL Form 5500 · updated monthly

Empire Abrasive Equipment Co., L. P.401(k)

EMPIRE ABRASIVE EQUIPMENT CO. , L. P. 401K PLAN · LANGHORNE, PA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Empire Abrasive Equipment Co., L. P. reported $96,515 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,134 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 0.30% to 0.51%. 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 1,522nd-largest of 3,651 plans among Pennsylvania employers on file, and the 5,875th of 13,661 in manufacturing. In 2024, employees put in $3.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,308,210
Participants with balances191
Active participants136
Employer contributions$290,247
Employee contributions$918,959
Employer contribution per active participant$2,134
Average account balance$106,326
Benefits paid to participants$1,098,403
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 191 accts · $290K emplr
2023$17.3M · $244K emplr
2022$15.3M · 178 accts · $241K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,238
Investment management$38,277
Total administrative$96,515
The Empire Abrasive Equipment Co., L. P. 401(k) match · 2024
Employer contribution per active participant$2,134
Median for plans this size$2,416
2024$2,134 per active participant
2022$1,783 per active participant

Empire Abrasive Equipment Co., L. P.'s 2024 employer contribution ran below the $2,416 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
MML INVESTORS SERVICES LLC · Investment advisory (plan)$36,665
ADVISED ASSETS GROUP, LLC · Investment management$1,612

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$96,515 · 0.51%
2023$82,390 · 0.50%
2022$52,285 · 0.30%
Same employer
Similar plansManufacturing · Pennsylvania
G. O. Carlson, Inc. PA$20.8M · 0.20%
Flexicon Corporation PA$20.7M · 0.55%
Finish Thompson, Inc. PA$20.5M · 0.07%
Libertas Copper, LLC PA$20.3M · 0.23%
Drummond Scientific Company PA$19.7M · 0.61%
Pine Instrument Company PA$19.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232670697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.