Plan Ledger DOL Form 5500 · updated monthly

Reading Bakery Systems401(k)

READING BAKERY SYSTEMS EMPLOYEES' PROFIT SHARING TRUST · ROBESONIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Reading Bakery Systems reported $25,719 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,435 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 3 years on file its reported administrative ratio has held roughly steady near 0.086%. 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 1,122nd-largest of 3,651 plans among Pennsylvania employers on file, and the 4,288th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 214 to 250 since 2022.

Plan summary
Net assets, end of year$31,931,295
Participants with balances289
Active participants250
Employer contributions$858,814
Employee contributions$1,971,678
Employer contribution per active participant$3,435
Average account balance$110,489
Benefits paid to participants$3,084,386
Plan auditDisclaimer of opinion
AuditorYOUNG, OAKES, BROWN & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$31.9M · 289 accts · $859K emplr
2023$27.8M · 265 accts · $782K emplr
2022$22.7M · 251 accts · $740K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,575
Investment management$15,294
Total administrative$25,719
The Reading Bakery Systems 401(k) match · 2024
Employer contribution per active participant$3,435
Median for plans this size$2,416
2024$3,435 per active participant
2023$3,387 per active participant
2022$3,457 per active participant

Reading Bakery Systems's 2024 employer contribution ran above the $2,416 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 · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,610
PA RETIREMENT SOLUTIONS, INC. · Other services$7,190

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$25,719 · 0.09%
2023$22,547 · 0.09%
2022$21,570 · 0.09%
Same employer
Similar plansManufacturing · Pennsylvania
Harmony Biosciences LLC PA$32.8M · 0.03%
Agr International, Inc. PA$32.6M · 0.01%
Hendrick Manufacturing Co. PA$32.0M · 0.04%
Accupac, Inc. PA$31.3M · 0.26%
Boiron, Inc PA$31.0M · 0.32%
Pfnonwovens LLC PA$31.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231307640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.