Plan Ledger DOL Form 5500 · updated monthly

Herman R Ewell Inc401(k)

HERMAN R EWELL INC PROFIT SHARING & SAVINGS PLAN · EAST EARL, PA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Herman R Ewell Inc reported $102,112 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $976 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 0.54% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,645th-largest of 3,651 plans among Pennsylvania employers on file, and the 802nd of 2,677 in transportation & warehousing. In 2024, employees put in $2.63 for every $1.00 the employer contributed; active participation has grown from 252 to 316 since 2022.

Plan summary
Net assets, end of year$17,896,542
Participants with balances288
Active participants316
Employer contributions$308,314
Employee contributions$810,833
Employer contribution per active participant$976
Average account balance$62,141
Benefits paid to participants$1,118,122
Plan auditUnmodified (clean) audit opinion
AuditorALAN ROSS & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 288 accts · $308K emplr
2023$15.8M · 302 accts · $282K emplr
2022$13.3M · 267 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,328
Investment management$62,784
Total administrative$102,112
The Herman R Ewell Inc 401(k) match · 2024
Employer contribution per active participant$976
Median for plans this size$2,416
2024$976 per active participant
2023$1,079 per active participant
2022$1,023 per active participant

Herman R Ewell Inc's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
MVP PLAN ADMINISTRATORS, INC. · Contract administrator · Recordkeeping$39,276
COMPREHENSIVE FINANCIAL PLANNING · Investment advisory (participants) · Investment advisory (plan)$62,784
MATRIX TRUST COMPANY · Custodial (securities)indirect 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
2024MVP PLAN ADMINISTRATORS, INC.
2023MVP PLAN ADMINISTRATORS, INC.

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Administrative cost history3
2024$102,112 · 0.61%
2023$82,712 · 0.57%
2022$80,961 · 0.54%
Same employer
Similar plansTransportation & Warehousing · Pennsylvania
Pls Logistics Services PA$20.1M · 0.56%
Bridgeway Connects, Inc. PA$19.5M · 0.48%
Logistics Plus PA$19.3M · 0.74%
L. J. Associates, Inc. PA$17.8M · 0.33%
Crossett, Inc. PA$17.5M · 0.66%
Gate 1, LTD. PA$16.6M · 0.31%
Jillamy, Inc PA$16.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231490346 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.