Plan Ledger DOL Form 5500 · updated monthly

Penn Recycling, Inc.401(k)

CBP RECYCLERS PROFIT SHARING PLAN · WILLIAMSPORT, PA · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Penn Recycling, Inc. reported $6,925 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,291 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 1 year on file its reported administrative ratio rose from 0.05% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (1,992nd of 3,651), and 7,616th of 13,661 in manufacturing. In 2022, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,298,851
Participants with balances219
Active participants229
Employer contributions$295,742
Employee contributions$794,186
Employer contribution per active participant$1,291
Average account balance$60,725
Benefits paid to participants$987,591
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.2M · 120 accts · $306K emplr
2022$13.3M · 219 accts · $296K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,925
Total administrative$6,925
The Penn Recycling, Inc. 401(k) match · 2022
Employer contribution per active participant$1,291
Median for plans this size$2,266

Penn Recycling, Inc.'s 2022 employer contribution ran below the $2,266 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 history3
2024Not separately reported
2023$32,325 · 0.39%
2022$6,925 · 0.05%
Same employer
Similar plansManufacturing · Pennsylvania
Tpc US Parent, LLC PA$13.4M · 0.06%
Baw Plastics Inc PA$13.4M · 0.01%
Astro Machine Works, Inc. PA$13.4M · 0.61%
Plastikos, Inc. PA$13.3M · 0.31%
Spray Products Corporation PA$13.3M · 0.32%
Allegheny Bradford Corp. PA$13.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232740569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.