Plan Ledger DOL Form 5500 · updated monthly

Martin-Baker America, Inc.401(k)

MARTIN-BAKER AMERICA, INC. 401(K) PROFIT SHARING PLAN · JOHNSTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Martin-Baker America, Inc. reported $17,180 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,385 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 0.130%. 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 (1,919th of 3,651), and 7,336th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,170,206
Participants with balances183
Active participants163
Employer contributions$388,721
Employee contributions$719,800
Employer contribution per active participant$2,385
Average account balance$77,433
Benefits paid to participants$939,642
Plan auditUnmodified (clean) audit opinion
AuditorWESSEL & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 183 accts · $389K emplr
2023$12.2M · 178 accts · $378K emplr
2022$9.9M · 183 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,600
Investment management$13,030
Total administrative$17,180
The Martin-Baker America, Inc. 401(k) match · 2024
Employer contribution per active participant$2,385
Median for plans this size$2,416
2024$2,385 per active participant
2023$2,442 per active participant
2022$2,259 per active participant

Martin-Baker America, 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 · 20242
CBIZ INVESTMENT ADVISORY SERVICES L · Investment advisory (participants)$2,203
CBIZ BENEFITS & INSURANCE SERVICES · Other servicesindirect 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$17,180 · 0.13%
2023$13,670 · 0.12%
2022$14,014 · 0.13%
Same employer
Similar plansManufacturing · Pennsylvania
Goodhart Sons, Inc. PA$14.3M · 0.32%
Leiss Tool & Die Co. PA$14.3M · 0.28%
Alcom Printing Group, Inc. PA$14.3M · 0.03%
Phoenix Global PA$14.2M · 0.81%
The Maple Press Company PA$14.1M · 0.26%
Leidys LLC PA$14.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521285414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.