Plan Ledger DOL Form 5500 · updated monthly

Porvair Corporation401(k)

PORVAIR CORPORATION EMPLOYEE'S INVESTMENT SAVINGS PLAN · HENDERSONVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Porvair Corporation reported $116,262 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,368 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 rose from 0.22% to 0.25%. 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 387th-largest of 2,005 plans among North Carolina employers on file, and the 3,237th of 13,661 in manufacturing. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has shrunk from 422 to 375 since 2022.

Plan summary
Net assets, end of year$48,280,052
Participants with balances508
Active participants375
Employer contributions$1,637,991
Employee contributions$1,824,264
Employer contribution per active participant$4,368
Average account balance$95,039
Benefits paid to participants$4,792,828
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.3M · 508 accts · $1.6M emplr
2023$44.0M · 392 accts · $1.7M emplr
2022$39.1M · 610 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,386
Investment management$46,876
Total administrative$116,262
The Porvair Corporation 401(k) match · 2024
Employer contribution per active participant$4,368
Median for plans this size$2,416
2024$4,368 per active participant
2023$4,093 per active participant
2022$3,909 per active participant

Porvair Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
USI CONSULTING GROUP · Claims processing · Recordkeeping$69,386

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$116,262 · 0.25%
2023$99,170 · 0.24%
2022$93,448 · 0.22%
Similar plansManufacturing · North Carolina
Rhf Investments, Inc. NC$50.4M · 0.46%
Mayne Pharma Commercial LLC NC$50.2M · 0.07%
Armacell, LLC NC$49.6M · 0.30%
Ngk Ceramics USA, Inc. NC$48.9M · 0.17%
Sherrill Furniture Company NC$47.5M · 0.31%
Cv Industries NC$46.5M · 0.00%
Syntha Group, Inc. NC$46.2M · 0.19%
Nederman Holding USA, Inc. NC$45.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561788248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.