Plan Ledger DOL Form 5500 · updated monthly

Horschel Brothers Precision, LLC401(k)

HORSCHEL BROTHERS PRECISION 401K PLAN · SPRINGVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Horschel Brothers Precision, LLC reported $8,245 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $786 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 0.10% to 0.07%. 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 New York (3,327th of 5,648), and 8,043rd of 13,661 in manufacturing. In 2024, employees put in $4.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,968,506
Participants with balances111
Active participants125
Employer contributions$98,227
Employee contributions$481,349
Employer contribution per active participant$786
Average account balance$107,824
Benefits paid to participants$509,719
Plan auditUnmodified (clean) audit opinion
AuditorBUFFAMANTE WHIPPLE BUTTAFARO
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 111 accts · $98K emplr
2023$10.8M · 112 accts · $94K emplr
2022$9.0M · 118 accts · $80K emplr
Administrative expenses, itemized · 2024
Investment management$8,245
Total administrative$8,245
The Horschel Brothers Precision, LLC 401(k) match · 2024
Employer contribution per active participant$786
Median for plans this size$2,416
2024$786 per active participant
2023$727 per active participant
2022$622 per active participant

Horschel Brothers Precision, LLC'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 · 20241
BPAS · Recordkeepingindirect 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
2024BPAS
2023LIFETIME BENEFIT SOLUTIONS

This plan has changed recordkeepers within these filings. If you left Horschel Brothers Precision, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,245 · 0.07%
2023$10,925 · 0.11%
2022$9,787 · 0.10%
Similar plansManufacturing · New York
Bitzer Scroll, Inc. NY$12.3M · 0.30%
Spectral Systems, LLC NY$11.9M · 0.36%
Therm, Incorporated NY$11.7M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161471326 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.