Plan Ledger DOL Form 5500 · updated monthly

Eriez Manufacturing Co.401(k)

ERIEZ MANUFACTURING CO. PROFIT SHARING/ 401(K) PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Eriez Manufacturing Co. reported $200,021 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $11,517 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 3 years on file its reported administrative ratio has held roughly steady near 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 498th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,990th of 13,661 in manufacturing. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$94,664,141
Participants with balances453
Active participants357
Employer contributions$4,111,466
Employee contributions$3,054,724
Employer contribution per active participant$11,517
Average account balance$208,972
Benefits paid to participants$9,532,207
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL, POWER, BELL & ASSOCIATES, L
Plan history3
Yearassets · accounts · employer contribution
2024$94.7M · 453 accts · $4.1M emplr
2023$86.0M · 460 accts · $2.8M emplr
2022$76.0M · 451 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,055
Investment management$99,966
Total administrative$200,021
The Eriez Manufacturing Co. 401(k) match · 2024
Employer contribution per active participant$11,517
Median for plans this size$3,635
2024$11,517 per active participant
2023$8,094 per active participant
2022$6,765 per active participant

Eriez Manufacturing Co.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$100,055
BLUEPRINT FINANCIAL · Investment advisory (plan)$99,966
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$200,021 · 0.22%
2023$240,853 · 0.30%
2022$179,228 · 0.21%
Same employer
Similar plansManufacturing · Pennsylvania
Lannett Company, Inc. PA$97.4M · 0.26%
Alleima USA LLC PA$97.2M · 0.03%
Eriks Corporation PA$97.0M · 0.21%
Sofidel America Corp. PA$94.8M · 0.00%
Gentex Corporation PA$93.7M · 0.20%
Akorn Operating Company LLC PA$91.6M · 0.03%
United Refining Company PA$90.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250920693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.