Plan Ledger DOL Form 5500 · updated monthly

Holtec Manufacturing Division, Inc.401(k)

HOLTEC MANUFACTURING DIVISION, INC. UNION EMPLOYEE 401(K) PLAN · EAST PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Holtec Manufacturing Division, Inc. reported $82,755 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,478 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 0.44% to 0.60%. 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 among the smaller plans on file in Pennsylvania (1,866th of 3,651), and 7,140th of 13,661 in manufacturing. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 151 to 169 since 2022.

Plan summary
Net assets, end of year$14,828,145
Participants with balances211
Active participants169
Employer contributions$587,845
Employee contributions$675,584
Employer contribution per active participant$3,478
Average account balance$70,276
Benefits paid to participants$932,581
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH&BROWN, PC
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $17K emplr
2024$14.8M · 211 accts · $588K emplr
2023$12.9M · 192 accts · $495K emplr
2022$11.8M · 194 accts · $455K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,755
Total administrative$82,755
The Holtec Manufacturing Division, Inc. 401(k) match · 2024
Employer contribution per active participant$3,478
Median for plans this size$2,416
2024$3,478 per active participant
2023$3,278 per active participant
2022$3,016 per active participant

Holtec Manufacturing Division, Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$82,755
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025Not separately reported
2024$82,755 · 0.60%
2023$56,647 · 0.46%
2022$56,895 · 0.44%
Similar plansManufacturing · Pennsylvania
Immunocore LLC PA$15.0M · 0.03%
I. Rice & Co., Inc. PA$15.0M · 0.02%
Weaber, Inc. PA$14.8M · 0.61%
Sarris Candies, Inc. PA$14.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251475839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.