Plan Ledger DOL Form 5500 · updated monthly

Simona America Group Inc.401(k)

SIMONA AMERICA GROUP 401(K) PROFIT SHARING PLAN · ARCHBALD, PA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Simona America Group Inc. reported $70,667 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,507 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 0.33%. 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 1,404th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,372nd of 13,661 in manufacturing. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 313 to 352 since 2022.

Plan summary
Net assets, end of year$23,336,622
Participants with balances369
Active participants352
Employer contributions$1,234,297
Employee contributions$1,732,341
Employer contribution per active participant$3,507
Average account balance$63,243
Benefits paid to participants$2,446,313
Plan auditUnmodified (clean) audit opinion
AuditorBOBER MARKEY FEDOROVICH
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 369 accts · $1.2M emplr
2023$20.0M · 364 accts · $1.0M emplr
2022$15.5M · 314 accts · $875K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,108
Investment management$30,559
Total administrative$70,667
The Simona America Group Inc. 401(k) match · 2024
Employer contribution per active participant$3,507
Median for plans this size$2,416
2024$3,507 per active participant
2023$3,080 per active participant
2022$2,796 per active participant

Simona America Group Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,108
RITHOLTZ WEALTH MANAGEMENT LLC · Investment advisory (plan)$30,559

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$70,667 · 0.33%
2023$56,825 · 0.32%
2022$52,480 · 0.32%
Similar plansManufacturing · Pennsylvania
All-Fill, Inc. PA$23.8M · 0.31%
Galliker Dairy Co. PA$23.8M · 0.34%
General Carbide Corporation PA$23.6M · 0.14%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134269250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.