Plan Ledger DOL Form 5500 · updated monthly

Frey Lutz Corp.401(k)

FREY LUTZ CORP. RETIREMENT PLAN · LANCASTER, PA · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Frey Lutz Corp. reported $85,823 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,521 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 1 year on file its reported administrative ratio rose from 0.46% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 1,694th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,257th of 5,337 in construction. In 2023, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,131,197
Participants with balances172
Active participants113
Employer contributions$284,831
Employee contributions$601,404
Employer contribution per active participant$2,521
Average account balance$99,600
Benefits paid to participants$2,923,326
Plan auditUnmodified (clean) audit opinion
AuditorRKL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $94K emplr
2023$17.1M · 172 accts · $285K emplr
2022$16.3M · 175 accts · $383K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,753
Investment management$69,270
Audit (IQPA)$10,800
Total administrative$85,823
The Frey Lutz Corp. 401(k) match · 2023
Employer contribution per active participant$2,521
Median for plans this size$2,440
2023$2,521 per active participant
2022$3,061 per active participant

Frey Lutz Corp.'s 2023 employer contribution ran above the $2,440 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
FULTON FINANCIAL ADVISORS · Recordkeeping · Consulting$75,023
RKL, LLP · Accounting / audit$10,800

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

Administrative cost history3
2024Not separately reported
2023$85,823 · 0.51%
2022$85,155 · 0.46%
Same employer
Similar plansConstruction · Pennsylvania
Klover Sepa Inc. PA$17.9M · 0.47%
Climatech, Inc. PA$17.6M · 0.41%
Houck Services, Inc. PA$16.2M · 0.20%
Dentech Industrial PA$16.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233046053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.