Plan Ledger DOL Form 5500 · updated monthly

R.T. Patterson Company, Inc.401(k)

R.T. PATTERSON COMPANY, INC. PROFIT SHARING PLAN · PITTSBURGH, PA · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

R.T. Patterson Company, Inc. reported $42,979 in plan administrative expenses for 2022: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,552 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,381st of 3,651), and 8,282nd of 11,654 in professional & technical services. In 2022, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,135,895
Participants with balances128
Active participants63
Employer contributions$223,772
Employee contributions$266,767
Employer contribution per active participant$3,552
Average account balance$71,374
Benefits paid to participants$554,817
Plan auditUnmodified (clean) audit opinion
AuditorBIELAU, TIERNEY, COON & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $234K emplr
2022$9.1M · 128 accts · $224K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$42,979
Total administrative$42,979
The R.T. Patterson Company, Inc. 401(k) match · 2022
Employer contribution per active participant$3,552
Median for plans this size$2,266

R.T. Patterson Company, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$42,979 · 0.43%
Similar plansProfessional & Technical Services · Pennsylvania
Reaction Biology Corp PA$9.4M · 0.72%
Savana, Inc. PA$9.2M · 0.84%
Nexxt, Inc. PA$9.2M · 0.01%
Near Earth Autonomy, Inc. PA$9.0M · 0.05%
Gh Advertising, Inc. PA$8.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251072425 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.