Plan Ledger DOL Form 5500 · updated monthly

Harry Lawall & Son 401(K) Plan401(k)

HARRY LAWALL & SON 401(K) PLAN · LANGHORNE, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Harry Lawall & Son 401(K) Plan reported $6,269 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,547 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 0.05% to 0.02%. 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 1,197th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,543rd of 13,661 in manufacturing. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 160 to 188 since 2022.

Plan summary
Net assets, end of year$29,446,134
Participants with balances139
Active participants188
Employer contributions$478,926
Employee contributions$961,357
Employer contribution per active participant$2,547
Average account balance$211,843
Benefits paid to participants$2,486,464
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 139 accts · $479K emplr
2023$26.5M · 141 accts · $434K emplr
2022$21.7M · 136 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,106
Investment management$3,163
Total administrative$6,269
The Harry Lawall & Son 401(K) Plan 401(k) match · 2024
Employer contribution per active participant$2,547
Median for plans this size$2,416
2024$2,547 per active participant
2023$2,466 per active participant
2022$2,444 per active participant

Harry Lawall & Son 401(K) Plan's 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,106

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$6,269 · 0.02%
2023$9,596 · 0.04%
2022$12,802 · 0.05%
Similar plansManufacturing · Pennsylvania
Dmi Companies, Inc. PA$29.9M · 0.20%
R-V Industries, Inc. PA$29.9M · 0.10%
M. H. Eby, Inc PA$29.8M · 0.71%
Pg Publishing Company PA$29.7M · 0.26%
Chalmers & Kubeck, Inc. PA$29.4M · 0.14%
Phb, Inc. PA$29.3M · 0.40%
Dura-Bond Industries, Inc. PA$29.1M · 0.03%
Elg Haniel Metals Corp. PA$29.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232098213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.