Plan Ledger DOL Form 5500 · updated monthly

Engineering Manufacturing Technologies, LLC401(k)

ENGINEERING MANUFACTURING TECHNOLOGIES, LLC 401(K) PLAN · ENDICOTT, NY · plan year 2023

Reported admin expense ratio · 2023
0.76%

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

Engineering Manufacturing Technologies, LLC reported $34,779 in plan administrative expenses for 2023: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,465 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 has held roughly steady near 0.760%. 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 New York (4,528th of 5,648), and 11,354th of 13,661 in manufacturing. In 2023, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,714,074
Participants with balances84
Active participants86
Employer contributions$125,959
Employee contributions$214,221
Employer contribution per active participant$1,465
Average account balance$56,120
Benefits paid to participants$713,580
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.7M · 84 accts · $126K emplr
2022$4.4M · 104 accts · $140K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,779
Total administrative$34,779
The Engineering Manufacturing Technologies, LLC 401(k) match · 2023
Employer contribution per active participant$1,465
Median for plans this size$1,308
2023$1,465 per active participant
2022$1,410 per active participant

Engineering Manufacturing Technologies, 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 · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,779
S B H U LIFE AGENCY INC · Other servicesindirect comp

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

Administrative cost history2
2023$34,779 · 0.76%
2022$36,003 · 0.76%
Similar plansManufacturing · New York
Teamworld, Inc. NY$4.9M · 0.59%
Cmp Ams USA, Inc NY$4.7M · 0.70%
Ngb Corporation NY$4.6M · 0.09%
Dyna-Empire LLC NY$4.4M · 0.02%
U.S. Dynamics Corp NY$4.4M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461077546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.