Plan Ledger DOL Form 5500 · updated monthly

R F Fager Company401(k)

R F FAGER COMPANY 401K PROFIT SHARING PLAN AND TRUST · CAMP HILL, PA · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

R F Fager Company reported $60,655 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $874 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 0.56% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,227th of 3,651), and 2,836th of 4,246 in wholesale trade. In 2024, employees put in $4.03 for every $1.00 the employer contributed; active participation has grown from 174 to 206 since 2022.

Plan summary
Net assets, end of year$10,616,407
Participants with balances239
Active participants206
Employer contributions$180,000
Employee contributions$725,050
Employer contribution per active participant$874
Average account balance$44,420
Benefits paid to participants$863,276
Plan auditUnmodified (clean) audit opinion
AuditorMCKONLY AND ASBURY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 239 accts · $180K emplr
2023$9.4M · 217 accts · $180K emplr
2022$8.3M · 196 accts · $180K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,261
Investment management$25,394
Total administrative$60,655
The R F Fager Company 401(k) match · 2024
Employer contribution per active participant$874
Median for plans this size$2,416
2024$874 per active participant
2023$933 per active participant
2022$1,034 per active participant

R F Fager Company'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 · 20243
NATIONWIDE · Recordkeeping · Investment management$22,483
WILMINGTON TRUST NAT'L ASSOCIATION · Insurance broker · Investment advisory (plan)$25,394
SMITH ELLIOTT KEARNS & COMPANY, LLC · Contract administrator$12,778

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$60,655 · 0.61%
2023$52,179 · 0.59%
2022$52,050 · 0.56%
Same employer
Similar plansWholesale Trade · Pennsylvania
Coen Oil Company, LLC PA$11.0M · 0.47%
Fisher and Thompson PA$11.0M · 0.13%
Wallace Supply, LLC PA$10.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231937230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.