Plan Ledger DOL Form 5500 · updated monthly

Philadelphia Tramrail Enterprises, Inc.401(k)

PHILADELPHIA TRAMRAIL ENTERPRISES, INC. EMPLOYEES PROFIT SHARING AND 401(K) PLAN · PHILADELPHIA, PA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Philadelphia Tramrail Enterprises, Inc. reported $6,716 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,894 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 fell from 0.29% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (1,841st of 3,651), and 7,053rd of 13,661 in manufacturing. In 2023, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,128,456
Participants with balances233
Active participants183
Employer contributions$712,542
Employee contributions$1,167,686
Employer contribution per active participant$3,894
Average account balance$64,929
Benefits paid to participants$4,332,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $10K emplr
2023$15.1M · 233 accts · $713K emplr
2022$15.1M · 240 accts · $670K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,716
Total administrative$6,716
The Philadelphia Tramrail Enterprises, Inc. 401(k) match · 2023
Employer contribution per active participant$3,894
Median for plans this size$2,440
2023$3,894 per active participant
2022$3,663 per active participant

Philadelphia Tramrail Enterprises, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,716
BCG SECURITIESindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$6,716 · 0.04%
2022$46,781 · 0.29%
Same employer
Similar plansManufacturing · Pennsylvania
Carnegie Robotics, LLC PA$15.3M · 0.04%
Valley Tire Company PA$15.2M · 0.32%
I & I Sling, LLC PA$15.1M · 0.39%
The Beistle Company PA$15.1M · 0.04%
Phoenix Services LLC PA$15.1M · 0.61%
Stoelzle Glass USA, Inc. PA$15.0M · 0.39%
Immunocore LLC PA$15.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232414162 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.