Plan Ledger DOL Form 5500 · updated monthly

Herkules USA Corporation, Inc.401(k)

KPM HERKULES GROUP 401(K) PLAN · FORD CITY, PA · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Herkules USA Corporation, Inc. reported $68,192 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,679 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 0.50% to 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,800th-largest of 3,651 plans among Pennsylvania employers on file, and 6,928th of 13,661 in manufacturing. In 2023, employees put in $3.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,555,774
Participants with balances118
Active participants105
Employer contributions$176,272
Employee contributions$660,774
Employer contribution per active participant$1,679
Average account balance$131,829
Benefits paid to participants$1,404,410
Plan auditUnmodified (clean) audit opinion
AuditorMAHER DUESSEL CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 128 accts · $226K emplr
2023$15.6M · 118 accts · $176K emplr
2022$13.7M · 116 accts · $194K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,488
Investment management$37,704
Total administrative$68,192
The Herkules USA Corporation, Inc. 401(k) match · 2023
Employer contribution per active participant$1,679
Median for plans this size$2,440
2024$2,052 per active participant
2023$1,679 per active participant
2022$1,998 per active participant

Herkules USA Corporation, Inc.'s 2023 employer contribution ran below 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 · 20233
EMPOWER ANNUITY INS. CO. OF AMERICA · Recordkeeping$21,458
CAMBRIDGE INVESTMENT RESEARCH, INC. · Investment advisory (plan)$42,534
DUNCAN FINANCIAL GROUP LLC · Claims processing · Contract administrator$9,030

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$90,612 · 0.59%
2023$68,192 · 0.47%
2022$75,579 · 0.50%
Similar plansManufacturing · Pennsylvania
Benton Foundry, Inc. PA$15.8M · 0.27%
Purolite LLC PA$15.7M · 0.38%
Gasbarre Products, Inc. PA$15.5M · 0.36%
Viocity Group PA$15.5M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640717023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.