Plan Ledger DOL Form 5500 · updated monthly

Koa Speer Electronics, Inc.401(k)

KOA SPEER ELECTRONICS 401(K) PENSION PLAN · BRADFORD, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Koa Speer Electronics, Inc. reported $6,066 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,870 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 957th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,033rd of 4,246 in wholesale trade. In 2024, the employer put in $1.27 for every $1.00 employees contributed themselves; active participation has shrunk from 93 to 78 since 2022.

Plan summary
Net assets, end of year$40,136,004
Participants with balances110
Active participants78
Employer contributions$691,887
Employee contributions$546,640
Employer contribution per active participant$8,870
Average account balance$364,873
Benefits paid to participants$2,819,063
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVIS BESAW&KERSHNER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.1M · 110 accts · $692K emplr
2023$37.7M · 119 accts · $743K emplr
2022$34.5M · 124 accts · $743K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,066
Total administrative$6,066
The Koa Speer Electronics, Inc. 401(k) match · 2024
Employer contribution per active participant$8,870
Median for plans this size$2,416
2024$8,870 per active participant
2023$9,174 per active participant
2022$7,994 per active participant

Koa Speer Electronics, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$6,066

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$6,066 · 0.02%
2023$740 · 0.00%
2022$2,446 · 0.01%
Similar plansWholesale Trade · Pennsylvania
Lift, Inc. PA$41.0M
Modern Group LTD. PA$40.8M · 0.14%
Aramsco, Inc. PA$40.8M · 0.22%
Hoober, Inc. PA$40.2M · 0.20%
Triad Metals PA$38.0M
C.A. Curtze Company PA$37.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251867087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.