Plan Ledger DOL Form 5500 · updated monthly

Pennsylvania Tool Sales & ServicesProfit-sharing plan

PENNSYLVANIA TOOL SALES & SERVICES PROFIT SHARING PLAN · YOUNGSTOWN, OH · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Pennsylvania Tool Sales & Services reported $115,066 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.22% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 584th-largest of 3,295 plans among Ohio employers on file, and the 697th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$58,451,607
Participants with balances146
Active participants137
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$400,353
Benefits paid to participants$4,589,231
Plan auditDisclaimer of opinion
AuditorFLUENT & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$58.5M · 146 accts
2023$55.1M · 150 accts · $1.9M emplr
2022$48.0M · 157 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,066
Total administrative$115,066
Employer contributions to the Pennsylvania Tool Sales & Services plan · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2023$15,026 per active participant
2022$14,207 per active participant

Pennsylvania Tool Sales & Services's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STONEX SECURITIES INC · Investment advisory (plan)$81,867
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$33,199

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$115,066 · 0.20%
2023$102,793 · 0.20%
2022$118,210 · 0.22%
All plans at this employer2
PENNSYLVANIA TOOL SALES & SERVICES EMPLOYEE STOCK OWNERSHIP PLANESOP
PENNSYLVANIA TOOL SALES & SERVICES PROFIT SHARING PLANProfit-sharing plan
Similar plansWholesale Trade · Ohio
Takkt Foodservices, LLC OH$62.5M · 0.18%
Wmk Inc OH$62.0M · 0.34%
Onpoint Group, LLC OH$60.4M · 0.42%
Pepperl Fuchs, Inc. OH$56.2M · 0.17%
Soprema, Inc. OH$54.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251356417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.