Plan Ledger DOL Form 5500 · updated monthly

Libertas Copper, LLC401(k)

LIBERTAS COPPER, LLC HOURLY EMPLOYEES RETIREMENT SAVINGS PLAN · LEETSDALE, PA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Libertas Copper, LLC reported $45,320 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,593 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 0.11% to 0.23%. 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 1,521st-largest of 3,651 plans among Pennsylvania employers on file, and the 5,874th of 13,661 in manufacturing. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,309,992
Participants with balances219
Active participants318
Employer contributions$506,517
Employee contributions$792,642
Employer contribution per active participant$1,593
Average account balance$92,740
Benefits paid to participants$1,820,713
Plan auditUnmodified (clean) audit opinion
AuditorR.D. HOAG & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 219 accts · $507K emplr
2023$18.8M · 202 accts · $429K emplr
2022$16.4M · 193 accts · $315K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,141
Investment management$18,179
Total administrative$45,320
The Libertas Copper, LLC 401(k) match · 2024
Employer contribution per active participant$1,593
Median for plans this size$2,416
2024$1,593 per active participant
2023$1,415 per active participant
2022$1,071 per active participant

Libertas Copper, LLC'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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$27,141
FORT PITT CAPITAL GROUP · Investment advisory (plan)$18,179

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$45,320 · 0.23%
2023$25,736 · 0.15%
2022$19,453 · 0.11%
All plans at this employer2
LIBERTAS COPPER, LLC RETIREMENT SAVINGS PLAN401(k)
LIBERTAS COPPER, LLC HOURLY EMPLOYEES RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Nursery Supplies, Inc. PA$20.9M · 0.05%
G. O. Carlson, Inc. PA$20.8M · 0.20%
Flexicon Corporation PA$20.7M · 0.55%
Finish Thompson, Inc. PA$20.5M · 0.07%
Drummond Scientific Company PA$19.7M · 0.61%
Pine Instrument Company PA$19.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453636909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.