Plan Ledger DOL Form 5500 · updated monthly

Kalas Manufacturing, Inc.401(k)

KALAS MANUFACTURING, INC. PROFIT SHARING AND 401(K) PLAN · LANCASTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Kalas Manufacturing, Inc. reported $23,432 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,521 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 0.09% to 0.10%. 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 1,349th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,153rd of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 383 to 428 since 2022.

Plan summary
Net assets, end of year$24,865,206
Participants with balances374
Active participants428
Employer contributions$651,137
Employee contributions$1,569,651
Employer contribution per active participant$1,521
Average account balance$66,485
Benefits paid to participants$1,876,996
Plan auditUnmodified (clean) audit opinion
AuditorMCKONLY AND ASBURY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 374 accts · $651K emplr
2023$21.8M · 462 accts · $555K emplr
2022$20.2M · 518 accts · $516K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,171
Investment management$3,197
Trustee / custodial$64
Total administrative$23,432
The Kalas Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$1,521
Median for plans this size$2,416
2024$1,521 per active participant
2023$1,405 per active participant
2022$1,347 per active participant

Kalas Manufacturing, Inc.'s 2024 employer contribution ran below 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
VALLEY FORDGE INVESTMENT CONSULTANTindirect comp

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$23,432 · 0.10%
2023$39,048 · 0.19%
2022$20,304 · 0.09%
Same employer
Similar plansManufacturing · Pennsylvania
Opsec Security, Inc. PA$25.0M · 0.34%
Dutch Gold Honey, Inc. PA$25.0M · 0.39%
Derr Flooring Co. PA$24.9M · 0.22%
Harpoint Holdings, Inc. PA$24.6M · 0.37%
Inrcore LLC PA$24.6M · 0.54%
Piramal Critical Care, Inc. PA$24.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231549292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.