Plan Ledger DOL Form 5500 · updated monthly

Restek Corporation401(k) + ESOP (KSOP)

RESTEK CORPORATION PROFIT SHARING AND ESOP · BELLEFONTE, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Restek Corporation reported $129,928 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,215 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 0.07% to 0.06%. 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 270th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,103rd of 13,661 in manufacturing. In 2024, employees put in $6.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$216,217,905
Participants with balances586
Active participants427
Employer contributions$518,692
Employee contributions$3,474,606
Employer contribution per active participant$1,215
Average account balance$368,973
Benefits paid to participants$25,800,624
Plan auditUnmodified (clean) audit opinion
AuditorLOUIS PLUNG & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$216.2M · 586 accts · $519K emplr
2023$199.9M · 569 accts · $519K emplr
2022$192.0M · 551 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,523
Investment management$1,345
Total administrative$129,928
The Restek Corporation 401(k) match · 2024
Employer contribution per active participant$1,215
Median for plans this size$3,635
2024$1,215 per active participant
2023$1,176 per active participant
2022$4,208 per active participant

Restek 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$128,523
MORGAN STANLEY GLOBAL BANKING OPERA · Investment advisory (participants)$1,345

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$129,928 · 0.06%
2023$111,828 · 0.06%
2022$136,209 · 0.07%
Same employer
Similar plansManufacturing · Pennsylvania
Newage Industries, Inc. PA$231.0M · 0.06%
Braskem America, Inc. PA$230.0M · 0.18%
Koppers Inc. PA$218.9M · 0.07%
Hitachi Rail Sts USA, Inc. PA$205.1M · 0.16%
Frank Calandra, Inc. PA$196.1M · 0.14%
Packaging Coordinators Inc. PA$188.1M · 0.22%
Arlanxeo USA LLC PA$187.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251497733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.