Plan Ledger DOL Form 5500 · updated monthly

Paul Reed Smith Guitars, LP401(k)

PAUL REED SMITH GUITARS, LP 401(K) PROFIT SHARING PLAN · STEVENSVILLE, MD · plan year 2025

Reported admin expense ratio · 2025
0.24%

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

Paul Reed Smith Guitars, LP reported $69,708 in plan administrative expenses for 2025: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,483 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 3 years on file its reported administrative ratio fell from 0.30% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 451st-largest of 1,671 plans among Maryland employers on file, and the 4,296th of 13,661 in manufacturing. In 2025, employees put in $3.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,875,629
Participants with balances515
Active participants425
Employer contributions$630,465
Employee contributions$2,223,600
Employer contribution per active participant$1,483
Average account balance$61,894
Benefits paid to participants$2,764,870
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history4
Yearassets · accounts · employer contribution
2025$31.9M · 515 accts · $630K emplr
2024$26.8M · 550 accts · $633K emplr
2023$22.0M · 525 accts · $565K emplr
2022$17.6M · 470 accts · $508K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$52,941
Investment management$3,017
Audit (IQPA)$13,750
Total administrative$69,708
The Paul Reed Smith Guitars, LP 401(k) match · 2025
Employer contribution per active participant$1,483
Median for plans this size$2,666
2025$1,483 per active participant
2024$1,281 per active participant
2023$1,218 per active participant
2022$1,184 per active participant

Paul Reed Smith Guitars, LP's 2025 employer contribution ran below the $2,666 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP, UHY, LLP
2023ADP, UHY, LLP

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Administrative cost history4
2025$69,708 · 0.24%
2024$62,153 · 0.25%
2023$66,045 · 0.33%
2022$55,747 · 0.30%
Same employer
Similar plansManufacturing · Maryland
Elite Spice, Inc. MD$37.8M · 0.32%
District Photo, Inc. MD$35.5M · 0.37%
Beitzel Corporate Services MD$34.1M · 0.39%
Advanced Programs, Inc. MD$32.6M · 0.01%
Origene Technologies, Inc. MD$28.9M · 0.28%
Clendenin Brothers, Inc. MD$28.5M · 0.33%
Bizerba USA, Inc. MD$28.5M · 0.22%
American Wood Fibers, Inc. MD$27.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521385424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.