Plan Ledger DOL Form 5500 · updated monthly

Muncy Homes, Inc.401(k)

MUNCY HOMES, INC. 401(K) PLAN · MUNCY, PA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Muncy Homes, Inc. reported $35,892 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $915 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 0.50% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (2,382nd of 3,651), and 3,226th of 5,337 in construction. In 2024, employees put in $3.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,130,929
Participants with balances166
Active participants133
Employer contributions$121,712
Employee contributions$449,061
Employer contribution per active participant$915
Average account balance$55,006
Benefits paid to participants$1,479,809
Plan auditUnmodified (clean) audit opinion
AuditorLOUIS PLUNG & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 166 accts · $122K emplr
2023$8.8M · 154 accts · $105K emplr
2022$8.2M · 148 accts · $109K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,463
Investment management$11,929
Audit (IQPA)$10,500
Total administrative$35,892
The Muncy Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$915
Median for plans this size$1,313
2024$915 per active participant
2023$771 per active participant
2022$802 per active participant

Muncy Homes, Inc.'s 2024 employer contribution ran below the $1,313 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
KT ADMINISTRATORS, LLC · Recordkeeping · Pension consulting$13,463
CLEARVIEW FINANCIAL PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$11,929
LOUIS PLUNG & COMPANY LLP · Accounting / audit$10,500

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

Recordkeeper by year2
2024KT ADMINISTRATORS, LLC
2023KT ADMINISTRATORS, LLC

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

Administrative cost history3
2024$35,892 · 0.40%
2023$38,738 · 0.45%
2022$47,500 · 0.50%
Same employer
Similar plansConstruction · Pennsylvania
Bazella Works PA$9.7M · 0.53%
Simplex Industries Inc PA$8.8M · 0.76%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232808721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.