Plan Ledger DOL Form 5500 · updated monthly

Neville Chemical Company401(k)

NEVILLE CHEMICAL COMPANY 401(K) PLAN FOR HOURLY EMPLOYEES · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Neville Chemical Company reported $32,636 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $2,167 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 0.37% to 0.48%. 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 (2,646th of 3,651), and 10,184th of 13,661 in manufacturing. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 74 to 60 since 2022.

Plan summary
Net assets, end of year$6,987,258
Participants with balances103
Active participants60
Employer contributions$130,026
Employee contributions$297,867
Employer contribution per active participant$2,167
Average account balance$67,837
Benefits paid to participants$930,274
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 103 accts · $130K emplr
2023$6.7M · 104 accts · $262K emplr
2022$5.9M · 105 accts · $269K emplr
Administrative expenses, itemized · 2024
Investment management$32,636
Total administrative$32,636
The Neville Chemical Company 401(k) match · 2024
Employer contribution per active participant$2,167
Median for plans this size$1,313
2024$2,167 per active participant
2023$3,851 per active participant
2022$3,636 per active participant

Neville Chemical Company's 2024 employer contribution ran above 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.

Administrative cost history3
2024$32,636 · 0.48%
2023$30,834 · 0.49%
2022$23,849 · 0.37%
Same employer
Similar plansManufacturing · Pennsylvania
Wirerope Works, Inc. PA$7.2M · 0.06%
Oakworks, Inc. PA$7.2M · 0.55%
RS7 Holdings, LLC PA$7.1M · 1.11%
Pap Technologies, Inc. PA$6.9M · 0.49%
Kreider Dairy Farms, Inc. PA$6.8M · 0.80%
Team Ten, LLC PA$6.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250689790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.