Plan Ledger DOL Form 5500 · updated monthly

Medical Products Laboratories, Inc.401(k)

MEDICAL PRODUCTS LABORATORIES, INC. 401(K) PROFIT SHARING PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Medical Products Laboratories, Inc. reported $45,035 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $86 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 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,327th of 3,651), and 8,973rd of 13,661 in manufacturing. In 2024, employees put in $21.82 for every $1.00 the employer contributed; active participation has shrunk from 249 to 197 since 2022.

Plan summary
Net assets, end of year$9,606,803
Participants with balances94
Active participants197
Employer contributions$16,987
Employee contributions$370,737
Employer contribution per active participant$86
Average account balance$102,200
Benefits paid to participants$521,806
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 94 accts · $17K emplr
2023$8.4M · 107 accts · $20K emplr
2022$6.8M · 104 accts · $21K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,371
Investment management$35,664
Trustee / custodial$1,000
Total administrative$45,035
The Medical Products Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$86
Median for plans this size$1,313
2024$86 per active participant
2023$92 per active participant
2022$83 per active participant

Medical Products Laboratories, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
FULTON FINANCIAL ADVISORS · Recordkeeping · Consulting$45,036

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

Recordkeeper by year2
2024FULTON FINANCIAL ADVISORS
2023FULTON FINANCIAL ADVISORS

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

Administrative cost history3
2024$45,035 · 0.50%
2023$39,008 · 0.52%
2022$38,498 · 0.52%
Same employer
Similar plansManufacturing · Pennsylvania
Penn Emblem Company PA$9.8M · 0.27%
Rebco, Inc. PA$9.6M · 0.60%
Premier Pan Company PA$9.6M · 0.05%
Zober Industries, Inc. PA$9.6M · 0.71%
McClarin Plastics, LLC PA$9.5M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231875679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.