Plan Ledger DOL Form 5500 · updated monthly

Liberty Electronics, Inc.401(k)

LIBERTY ELECTRONICS, INC. 401K PLAN · FRANKLIN, PA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Liberty Electronics, Inc. reported $52,935 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $381 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. 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 Pennsylvania (2,027th of 3,651), and 7,759th of 13,661 in manufacturing. In 2024, employees put in $5.33 for every $1.00 the employer contributed; active participation has grown from 315 to 371 since 2022.

Plan summary
Net assets, end of year$12,895,154
Participants with balances486
Active participants371
Employer contributions$141,194
Employee contributions$752,797
Employer contribution per active participant$381
Average account balance$26,533
Benefits paid to participants$597,313
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL, POWER, BELL & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 486 accts · $141K emplr
2023$10.8M · 459 accts · $42K emplr
2022$9.4M · 442 accts · $57K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,378
Investment management$20,557
Total administrative$52,935
The Liberty Electronics, Inc. 401(k) match · 2024
Employer contribution per active participant$381
Median for plans this size$2,416
2024$381 per active participant
2023$123 per active participant
2022$182 per active participant

Liberty Electronics, Inc.'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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$30,848
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$18,139
WILSHIRE ASSOCIATES INC (USA · Investment advisory (participants)$2,418

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$52,935 · 0.45%
2023$45,037 · 0.45%
2022$43,141 · 0.43%
All plans at this employer2
LIBERTY ELECTRONICS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
LIBERTY ELECTRONICS, INC. 401K PLAN401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Allegheny Bradford Corp. PA$13.2M · 0.12%
Electron Energy Corporation PA$13.0M · 0.00%
Frontida Biopharm, Inc. PA$12.9M · 0.02%
Hvl, LLC PA$12.8M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251495476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.