Plan Ledger DOL Form 5500 · updated monthly

Gmm Pfaudler US Inc.401(k)

GMM PFAUDLER US INC. RETIREMENT SAVINGS PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Gmm Pfaudler US Inc. reported $64,124 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $3,096 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 0.13% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,242nd-largest of 5,648 plans among New York employers on file, and the 2,843rd of 13,661 in manufacturing. In 2024, employees put in $2.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,619,350
Participants with balances370
Active participants244
Employer contributions$755,460
Employee contributions$2,198,817
Employer contribution per active participant$3,096
Average account balance$155,728
Benefits paid to participants$2,443,713
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, SCHAEFFER, HACKETT
Plan history3
Yearassets · accounts · employer contribution
2024$57.6M · 370 accts · $755K emplr
2023$50.7M · 364 accts · $573K emplr
2022$39.5M · 341 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,124
Total administrative$64,124
The Gmm Pfaudler US Inc. 401(k) match · 2024
Employer contribution per active participant$3,096
Median for plans this size$3,635
2024$3,096 per active participant
2023$2,272 per active participant
2022$5,171 per active participant

Gmm Pfaudler US Inc.'s 2024 employer contribution ran below the $3,635 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$64,124

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$64,124 · 0.12%
2023$56,373 · 0.12%
2022$53,695 · 0.13%
Same employer
Similar plansManufacturing · New York
Unither US Corp NY$61.7M · 0.31%
Hardinge Inc. NY$59.4M · 0.05%
Muller Martini Corp. NY$57.2M · 0.08%
P & L Global Holding Corp NY$56.5M · 0.21%
Latham Pool Products, Inc. NY$56.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853714020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.