Plan Ledger DOL Form 5500 · updated monthly

Revere Copper Products, Inc.401(k)

401(K) PLAN FOR EMPLOYEES OF REVERE COPPER PRODUCTS, INC. · ROME, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Revere Copper Products, Inc. reported $1,847 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,021 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 0.04% to 0.00%. 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 1,288th-largest of 5,648 plans among New York employers on file, and the 2,950th of 13,661 in manufacturing. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 351 to 448 since 2022.

Plan summary
Net assets, end of year$54,673,100
Participants with balances512
Active participants448
Employer contributions$1,353,383
Employee contributions$2,814,005
Employer contribution per active participant$3,021
Average account balance$106,783
Benefits paid to participants$3,278,394
Plan auditUnmodified (clean) audit opinion
AuditorDERMODY BURKE & BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$54.7M · 512 accts · $1.4M emplr
2023$47.0M · 409 accts · $1.1M emplr
2022$38.4M · 374 accts · $988K emplr
Administrative expenses, itemized · 2024
Investment management$23,703
Total administrative$1,847
The Revere Copper Products, Inc. 401(k) match · 2024
Employer contribution per active participant$3,021
Median for plans this size$3,635
2024$3,021 per active participant
2023$3,163 per active participant
2022$2,814 per active participant

Revere Copper Products, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
LPL FINANCIAL LLC · Investment advisory (plan)$15,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,703
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$1,847 · 0.00%
2023$9,333 · 0.02%
2022$16,979 · 0.04%
All plans at this employer2
REVERE COPPER PRODUCTS, INC. EMPLOYEES' STOCK BONUS PLANStock bonus plan
401(K) PLAN FOR EMPLOYEES OF REVERE COPPER PRODUCTS, INC.401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 161146203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.