Plan Ledger DOL Form 5500 · updated monthly

General Carbide Corporation401(k)

GENERAL CARBIDE CORPORATION RETIREMENT SAVINGS PLAN · GREENSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

General Carbide Corporation reported $31,225 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,887 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 0.16% to 0.14%. 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 1,398th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,337th of 13,661 in manufacturing. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has shrunk from 281 to 202 since 2022.

Plan summary
Net assets, end of year$23,565,048
Participants with balances263
Active participants202
Employer contributions$381,234
Employee contributions$859,082
Employer contribution per active participant$1,887
Average account balance$89,601
Benefits paid to participants$637,989
Plan auditUnmodified (clean) audit opinion
AuditorBUCKLER MCKENNEY & NADZADI, P .C
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 263 accts · $381K emplr
2023$20.5M · 305 accts · $405K emplr
2022$17.4M · 310 accts · $496K emplr
The General Carbide Corporation 401(k) match · 2024
Employer contribution per active participant$1,887
Median for plans this size$2,416
2024$1,887 per active participant
2023$1,479 per active participant
2022$1,764 per active participant

General Carbide Corporation'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$3,825
SCHNEIDER DOWNS · Investment advisory (plan)$27,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,225 · 0.14%
2023$29,820 · 0.16%
2022$29,867 · 0.16%
Same employer
Similar plansManufacturing · Pennsylvania
Greiner Industries, Inc. PA$23.8M · 0.47%
All-Fill, Inc. PA$23.8M · 0.31%
Galliker Dairy Co. PA$23.8M · 0.34%
Simona America Group Inc. PA$23.3M · 0.33%
Matric Limited, Inc. PA$22.8M · 0.64%
New Hudson Facades, LLC PA$22.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251193904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.