Plan Ledger DOL Form 5500 · updated monthly

Skc, Inc.401(k)

SKC, INC. 401(K) PLAN · EIGHTY FOUR, PA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Skc, Inc. reported $3,115 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,971 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 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (3,314th of 3,651), and 12,735th of 13,661 in manufacturing. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,197,015
Participants with balances157
Active participants136
Employer contributions$403,997
Employee contributions$398,208
Employer contribution per active participant$2,971
Average account balance$13,994
Benefits paid to participants$175,111
Plan auditUnmodified (clean) audit opinion
AuditorSCHNEIDER DOWNS CO., INC
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 157 accts · $404K emplr
2023$1.4M · 154 accts · $393K emplr
2022$570K · 151 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,010
Investment management$105
Total administrative$3,115
The Skc, Inc. 401(k) match · 2024
Employer contribution per active participant$2,971
Median for plans this size$1,313
2024$2,971 per active participant
2023$2,979 per active participant
2022$2,593 per active participant

Skc, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$3,114

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,115 · 0.18%
2023$2,342 · 0.24%
2022$977 · 0.17%
Same employer
Similar plansManufacturing · Pennsylvania
Data Papers, Inc. PA$2.4M · 0.00%
Top-Star, Inc. PA$2.2M · 0.71%
Corry Fabrication, LLC PA$2.1M · 1.04%
John Rock, Inc. PA$2.1M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251103687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.