Plan Ledger DOL Form 5500 · updated monthly

Gasbarre Products, Inc.401(k)

GASBARRE PRODUCTS, INC. PROFIT SHARING PLAN & TRUST · DUBOIS, PA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Gasbarre Products, Inc. reported $54,524 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,340 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 rose from 0.32% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,803rd-largest of 3,651 plans among Pennsylvania employers on file, and 6,951st of 13,661 in manufacturing. In 2024, employees put in $3.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,493,582
Participants with balances294
Active participants165
Employer contributions$221,056
Employee contributions$737,020
Employer contribution per active participant$1,340
Average account balance$52,699
Benefits paid to participants$2,140,854
Plan auditUnmodified (clean) audit opinion
AuditorCLYDE, FERRARO & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 294 accts · $221K emplr
2023$14.6M · 283 accts · $196K emplr
2022$12.5M · 277 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,524
Total administrative$54,524
The Gasbarre Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,340
Median for plans this size$2,416
2024$1,340 per active participant
2023$1,196 per active participant
2022$1,187 per active participant

Gasbarre Products, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$52,639
DUNBAR, BENDER & ZAPF, INC. · Recordkeeping · Loan processing$1,885
STIFEL, NICOLAUS & COMPANY, INC. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024DUNBAR, BENDER & ZAPF, INC., Transamerica
2023DUNBAR, BENDER & ZAPF, INC., Transamerica

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Administrative cost history3
2024$54,524 · 0.36%
2023$46,984 · 0.35%
2022$43,269 · 0.32%
Same employer
Similar plansManufacturing · Pennsylvania
Purolite LLC PA$15.7M · 0.38%
Viocity Group PA$15.5M · 0.32%
Topflight Corporation PA$15.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251256812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.