Plan Ledger DOL Form 5500 · updated monthly

Northeast Prestressed Products401(k)

NORTHEAST PRESTRESSED PRODUCTS 401(K) PROFIT SHARING PLAN & TRUST · CRESSONA, PA · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Northeast Prestressed Products reported $23,762 in plan administrative expenses for 2022: 0.73% of average plan assets, above the peer median. Employer contributions averaged $989 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (3,189th of 3,651), and 12,323rd of 13,661 in manufacturing. In 2022, employees put in $2.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,925,798
Participants with balances77
Active participants62
Employer contributions$61,321
Employee contributions$178,546
Employer contribution per active participant$989
Average account balance$37,997
Benefits paid to participants$332,911
Plan auditUnmodified (clean) audit opinion
AuditorBOYER & RITTER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,224
Investment management$13,538
Total administrative$23,762
The Northeast Prestressed Products 401(k) match · 2022
Employer contribution per active participant$989
Median for plans this size$1,114

Northeast Prestressed Products's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,762 · 0.73%
Similar plansManufacturing · Pennsylvania
Taktl, LLC PA$3.1M · 0.80%
Knf Flexpak Corporation PA$3.0M · 0.01%
Iridium Industries, Inc. PA$3.0M · 0.01%
Fabtex, Inc. PA$2.8M · 0.24%
Lynn Electronics LLC PA$2.8M · 1.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263826906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.