Plan Ledger DOL Form 5500 · updated monthly

Newtown-Slocomb Manufacturing, Inc.401(k)

NEWTOWN-SLOCOMB MANUFACTURING 401(K) PROFIT SHARING PLAN · HANOVER, PA · plan year 2024

Reported admin expense ratio · 2024
0.61%

Newtown-Slocomb Manufacturing, Inc. reported $3,340 in plan administrative expenses for 2024: 0.61% of average plan assets, below the peer median. 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 0.76% to 0.61%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (3,562nd of 3,651), and 5,202nd of 5,337 in construction.

Plan summary
Net assets, end of year$579,843
Participants with balances156
Active participants217
Employer contributions—
Employee contributions$83,986
Employer contribution per active participant—
Average account balance$3,717
Benefits paid to participants$57,535
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY AND CO., P.C
Plan history3
Yearassets · accounts · employer contribution
2024$580K · 156 accts
2023$521K · 141 accts
2022$392K · 118 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,340
Total administrative$3,340
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,339
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$3,340 · 0.61%
2023$2,127 · 0.47%
2022$3,009 · 0.76%
Same employer
Similar plansConstruction · Pennsylvania
Jvi Group, Inc. PA$1.4M · 0.00%
Zebby Sulecki, Inc. PA$1.4M · 1.68%
Burkentine Builders PA$507K · 1.12%
Wright Brothers, Inc. PA$422K · 1.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510411862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.