Plan Ledger DOL Form 5500 · updated monthly

Oberg Industries, LLC401(k)

THE SAVINGS & INVESTMENT PLAN FOR EMPLOYEES OF OBERG INDUSTRIES LLC · FREEPORT, PA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Oberg Industries, LLC reported $137,995 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $5,673 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 0.23% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 429th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,702nd of 13,661 in manufacturing. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$116,244,603
Participants with balances858
Active participants693
Employer contributions$3,931,180
Employee contributions$3,867,650
Employer contribution per active participant$5,673
Average account balance$135,483
Benefits paid to participants$8,951,828
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$116.2M · 858 accts · $3.9M emplr
2023$102.5M · 861 accts · $3.4M emplr
2022$91.7M · 851 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,063
Investment management$64,932
Total administrative$137,995
The Oberg Industries, LLC 401(k) match · 2024
Employer contribution per active participant$5,673
Median for plans this size$3,635
2024$5,673 per active participant
2023$4,697 per active participant
2022$2,578 per active participant

Oberg Industries, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$73,063
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$64,932

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$137,995 · 0.13%
2023$138,000 · 0.14%
2022$236,974 · 0.23%
Same employer
Similar plansManufacturing · Pennsylvania
Buzzi Unicem USA Inc. PA$124.9M · 0.08%
Zippo Manufacturing Company PA$122.6M · 0.14%
Supplyone, Inc. PA$119.5M · 0.25%
C&D Technologies, Inc. PA$118.5M · 0.20%
C. F. Martin & Co., Inc. PA$115.0M · 0.21%
Sfs Group USA, Inc. PA$113.8M · 0.11%
United Biosource LLC PA$108.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832134609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.