Plan Ledger DOL Form 5500 · updated monthly

Pride Mobility Products Corporation401(k)

PRIDE MOBILITY PRODUCTS 401(K) PROFIT SHARING PLAN · DURYEA, PA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Pride Mobility Products Corporation reported $147,199 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $946 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 0.29% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 671st-largest of 3,651 plans among Pennsylvania employers on file, and the 2,712th of 13,661 in manufacturing. In 2024, employees put in $4.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,168,061
Participants with balances1,012
Active participants969
Employer contributions$916,673
Employee contributions$4,432,869
Employer contribution per active participant$946
Average account balance$61,431
Benefits paid to participants$2,832,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.2M · 1,012 accts · $917K emplr
2023$51.9M · 985 accts · $830K emplr
2022$43.6M · 964 accts · $787K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,220
Investment management$45,979
Total administrative$147,199
The Pride Mobility Products Corporation 401(k) match · 2024
Employer contribution per active participant$946
Median for plans this size$3,635
2024$946 per active participant
2023$879 per active participant
2022$861 per active participant

Pride Mobility Products Corporation'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$101,220
WELLS FARGO ADVISORS · Investment advisory (plan)$45,979

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$147,199 · 0.26%
2023$117,164 · 0.25%
2022$135,076 · 0.29%
All plans at this employer2
PRIDE MOBILITY PRODUCTS 401(K) PROFIT SHARING PLAN401(k)
PRIDE MOBILITY EMPLOYEE STOCK OWNERSHIP RETIREMENT PLANESOP
Same employer
Similar plansManufacturing · Pennsylvania
Plastek Industries, Inc. PA$64.9M · 0.25%
Double H Plastics, Inc. PA$63.7M · 0.27%
D.G. Yuengling & Son, Inc. PA$63.4M · 0.14%
Just Born, Inc. PA$62.1M · 0.05%
Ptc Alliance LLC PA$59.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232443538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.