Plan Ledger DOL Form 5500 · updated monthly

Seegrid Corporation401(k)

SEEGRID CORPORATION 401(K) PROFIT SHARING PLAN TRUST · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Seegrid Corporation reported $87,814 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $4,342 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 0.64% to 0.44%. 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 1,442nd-largest of 3,651 plans among Pennsylvania employers on file, and the 5,527th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,240,374
Participants with balances306
Active participants223
Employer contributions$968,186
Employee contributions$2,276,026
Employer contribution per active participant$4,342
Average account balance$72,681
Benefits paid to participants$2,795,189
Plan auditUnmodified (clean) audit opinion
AuditorSCHNEIDER DOWNS CO INC
Plan history3
Yearassets · accounts · employer contribution
2024$22.2M · 306 accts · $968K emplr
2023$17.9M · 290 accts · $1.1M emplr
2022$13.7M · 325 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,782
Investment management$54,032
Total administrative$87,814
The Seegrid Corporation 401(k) match · 2024
Employer contribution per active participant$4,342
Median for plans this size$2,416
2024$4,342 per active participant
2023$5,935 per active participant
2022$6,442 per active participant

Seegrid Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$49,981
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,905

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$87,814 · 0.44%
2023$80,453 · 0.51%
2022$90,715 · 0.64%
Same employer
Similar plansManufacturing · Pennsylvania
Matric Limited, Inc. PA$22.8M · 0.64%
New Hudson Facades, LLC PA$22.7M · 0.43%
Aquaphoenix Scientific, LLC PA$22.6M · 0.54%
Rockland, Inc. PA$22.6M · 0.19%
Furman Foods, Inc. PA$22.2M · 0.06%
Intervala, LLC PA$22.2M · 0.64%
Bimbo Bakeries USA Inc PA$22.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472640402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.