Plan Ledger DOL Form 5500 · updated monthly

Piping Rock Health Products, LLC401(k)

PIPING ROCK 401(K) PLAN · BOHEMIA, NY · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Piping Rock Health Products, LLC reported $30,704 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,161 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 0.15% to 0.11%. 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 1,872nd-largest of 5,648 plans among New York employers on file, and the 4,297th of 13,661 in manufacturing. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has grown from 814 to 1,300 since 2022.

Plan summary
Net assets, end of year$31,851,702
Participants with balances836
Active participants1,300
Employer contributions$1,509,939
Employee contributions$3,497,599
Employer contribution per active participant$1,161
Average account balance$38,100
Benefits paid to participants$1,596,515
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI & O'CONNELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$31.9M · 836 accts · $1.5M emplr
2023$24.4M · 566 accts · $1.2M emplr
2022$16.2M · 506 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,704
Total administrative$30,704
The Piping Rock Health Products, LLC 401(k) match · 2024
Employer contribution per active participant$1,161
Median for plans this size$2,416
2024$1,161 per active participant
2023$1,398 per active participant
2022$1,316 per active participant

Piping Rock Health Products, LLC's 2024 employer contribution ran below the $2,416 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 · 20241
JPMORGAN INVEST HOLDINGS LLC$30,704

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$30,704 · 0.11%
2023$46,045 · 0.23%
2022$22,574 · 0.15%
All plans at this employer2
PIPING ROCK 401(K) PLAN401(k)
PIPING ROCK PROFIT SHARING PLANProfit-sharing plan
Same employer
Similar plansManufacturing · New York
R.S.M. Electron Power, Inc NY$32.8M · 0.28%
Mercury Aircraft Inc. NY$32.1M · 0.16%
Safran Trusted 4D, Inc. NY$32.0M · 0.34%
Ultralife Corporation NY$31.8M · 0.35%
Marquardt Switches, Inc. NY$31.7M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 320343858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.