Plan Ledger DOL Form 5500 · updated monthly

Fleet Repair Solutions401(k)

FLEET REPAIR SOLUTIONS 401(K) PLAN · GRANTVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Fleet Repair Solutions reported $8,125 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $815 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 0.40% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Pennsylvania (3,295th of 3,651), and 2,798th of 3,341 in other services. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 85 to 101 since 2022.

Plan summary
Net assets, end of year$2,309,944
Participants with balances59
Active participants101
Employer contributions$82,295
Employee contributions$196,250
Employer contribution per active participant$815
Average account balance$39,152
Benefits paid to participants$564,796
Plan auditUnmodified (clean) audit opinion
AuditorBOLES METZGER BROSIUS & WALBORN PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 59 accts · $82K emplr
2023$2.3M · 107 accts · $114K emplr
2022$1.9M · 108 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,125
Total administrative$8,125
The Fleet Repair Solutions 401(k) match · 2024
Employer contribution per active participant$815
Median for plans this size$1,313
2024$815 per active participant
2023$1,205 per active participant
2022$1,399 per active participant

Fleet Repair Solutions's 2024 employer contribution ran below 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 · 20242
PA RETIREMENT SOLUTIONS, INC. · Contract administrator$6,258
CAPITAL GROUP RETIREMENT PLAN SVCS$1,613

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$8,125 · 0.35%
2023$6,014 · 0.29%
2022$7,847 · 0.40%
Similar plansOther Services · Pennsylvania
Cms East, LLC PA$3.2M · 0.13%
Studio of Elegance, Inc. PA$2.9M · 1.09%
Odd Fellows Home of PA PA$2.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262517920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.