Plan Ledger DOL Form 5500 · updated monthly

Package Pavement Company, Inc.401(k)

PACKAGE PAVEMENT COMPANY, INC. PROFIT SHARING AND ASSET ACCUMULATION PLAN AND TRUST · STORMVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Package Pavement Company, Inc. reported $104,751 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $8,909 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 0.23% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,632nd-largest of 5,648 plans among New York employers on file, and the 3,772nd of 13,661 in manufacturing. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$38,820,146
Participants with balances174
Active participants140
Employer contributions$1,247,270
Employee contributions$1,164,170
Employer contribution per active participant$8,909
Average account balance$223,104
Benefits paid to participants$5,836,947
Plan auditUnmodified (clean) audit opinion
AuditorRPT LLC
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 174 accts · $1.2M emplr
2023$36.7M · 174 accts · $1.2M emplr
2022$31.7M · 170 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,969
Investment management$93,782
Total administrative$104,751
The Package Pavement Company, Inc. 401(k) match · 2024
Employer contribution per active participant$8,909
Median for plans this size$2,416
2024$8,909 per active participant
2023$8,879 per active participant
2022$7,326 per active participant

Package Pavement Company, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$93,782

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$104,751 · 0.28%
2023$83,402 · 0.24%
2022$84,179 · 0.23%
Same employer
Similar plansManufacturing · New York
Domino Foods, Inc. NY$39.7M · 0.07%
L.N.K. International, Inc. NY$39.4M · 0.55%
Schenck USA Corp. NY$39.0M · 0.12%
Tonoga , Inc. NY$38.7M · 0.17%
Hannay Reels, Inc. NY$38.4M · 0.16%
Sabin Metal Corporation NY$38.4M · 0.36%
Easter Unlimited , Inc. NY$38.3M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 141395160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.