Plan Ledger DOL Form 5500 · updated monthly

Process Technologies & Packaging401(k)

PROCESS TECHNOLOGIES & PACKAGING 401K PLAN · SCOTT TOWNSHIP, PA · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Process Technologies & Packaging reported $14,852 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,346 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 0.83% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (3,302nd of 3,651), and 12,694th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,268,150
Participants with balances151
Active participants163
Employer contributions$219,466
Employee contributions$406,082
Employer contribution per active participant$1,346
Average account balance$15,021
Benefits paid to participants$362,942
Plan auditUnmodified (clean) audit opinion
AuditorKLICHS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 151 accts · $219K emplr
2023$1.8M · 153 accts · $187K emplr
2022$1.3M · 146 accts · $170K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,852
Total administrative$14,852
The Process Technologies & Packaging 401(k) match · 2024
Employer contribution per active participant$1,346
Median for plans this size$1,313
2024$1,346 per active participant
2023$1,079 per active participant
2022$1,066 per active participant

Process Technologies & Packaging's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$14,852

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$14,852 · 0.73%
2023$10,679 · 0.69%
2022$11,054 · 0.83%
Same employer
Similar plansManufacturing · Pennsylvania
Combined Systems Inc PA$2.5M · 0.48%
Data Papers, Inc. PA$2.4M · 0.00%
Skc, Inc. PA$2.2M · 0.18%
Top-Star, Inc. PA$2.2M · 0.71%
Corry Fabrication, LLC PA$2.1M · 1.04%
John Rock, Inc. PA$2.1M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271649293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.