Plan Ledger DOL Form 5500 · updated monthly

F.C. Young and Co., Inc.401(k)

F. C. YOUNG CO. , INC. 401K PLAN · BRISTOL, PA · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

F.C. Young and Co., Inc. reported $59,768 in plan administrative expenses for 2023: 0.62% of average plan assets, above the peer median. Employer contributions averaged $3,066 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 0.62%. 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 Pennsylvania (2,246th of 3,651), and 8,589th of 13,661 in manufacturing. In 2023, the employer put in $1.12 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,435,240
Participants with balances92
Active participants69
Employer contributions$211,538
Employee contributions$188,739
Employer contribution per active participant$3,066
Average account balance$113,427
Benefits paid to participants$486,419
Plan auditUnmodified (clean) audit opinion
AuditorLOPEZ TEODOSIO & LARKIN, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$10.4M · 92 accts · $212K emplr
2022$8.9M · 101 accts · $208K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,822
Investment management$52,946
Total administrative$59,768
The F.C. Young and Co., Inc. 401(k) match · 2023
Employer contribution per active participant$3,066
Median for plans this size$1,308
2023$3,066 per active participant
2022$2,818 per active participant

F.C. Young and Co., Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NATIONWIDE · Recordkeeping · Other services$23,504
DELAWARE VALLEY RETIREMENT, INC. · Recordkeeping$6,822
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (participants) · Other services$29,442

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$59,768 · 0.62%
2022$59,843 · 0.64%
Similar plansManufacturing · Pennsylvania
Macinnis Group, LLC PA$10.5M · 0.46%
Crescent Industries, Inc. PA$10.5M · 0.66%
Hoshino (USA), Inc. PA$10.4M · 0.29%
Noah W Kreider & Sons PA$10.4M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231741013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.