Plan Ledger DOL Form 5500 · updated monthly

L.B. Foster Company401(k)

L.B. FOSTER COMPANY 401(K) AND PROFIT SHARING PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

L.B. Foster Company reported $27,750 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,462 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 0.08% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 504th-largest of 3,651 plans among Pennsylvania employers on file, and the 449th of 4,246 in wholesale trade. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$92,308,042
Participants with balances991
Active participants869
Employer contributions$3,008,523
Employee contributions$4,602,106
Employer contribution per active participant$3,462
Average account balance$93,146
Benefits paid to participants$10,237,220
Plan auditUnmodified (clean) audit opinion
AuditorSCHNEIDER DOWNS CO
Plan history3
Yearassets · accounts · employer contribution
2024$92.3M · 991 accts · $3.0M emplr
2023$83.4M · 959 accts · $2.7M emplr
2022$70.5M · 950 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Investment management$37,907
Total administrative$27,750
The L.B. Foster Company 401(k) match · 2024
Employer contribution per active participant$3,462
Median for plans this size$3,635
2024$3,462 per active participant
2023$3,376 per active participant
2022$1,931 per active participant

L.B. Foster Company's 2024 employer contribution ran below the $3,635 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,591
MILL CREEK CAPITAL ADVISORS, LLC · Investment advisory (plan)$16,316
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$27,750 · 0.03%
2023$27,675 · 0.04%
2022$66,093 · 0.08%
All plans at this employer2
L.B. FOSTER COMPANY SAVINGS PLAN FOR BARGAINING UNIT EMPLOYEES401(k)
L.B. FOSTER COMPANY 401(K) AND PROFIT SHARING PLAN401(k)
Same employer
Similar plansWholesale Trade · Pennsylvania
Ifm Efector, Inc. PA$109.5M · 0.03%
Omni Cable LLC PA$104.9M · 0.25%
Giorgio Foods, Inc. PA$101.7M · 0.28%
D & H Distributing Co. PA$90.1M · 0.07%
Proconex PA$89.7M · 0.08%
Leedsworld, Inc. PA$84.1M · 0.38%
Broder Bros., Co. PA$80.1M · 0.20%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 251324733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.