Plan Ledger DOL Form 5500 · updated monthly

Sofidel America Corp.401(k)

SOFIDEL AMERICA 401(K) PLAN · HORSHAM, PA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Sofidel America Corp. reported $1,206 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $641 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.

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 496th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,988th of 13,661 in manufacturing. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$94,787,662
Participants with balances1,251
Active participants1,248
Employer contributions$800,028
Employee contributions$767,360
Employer contribution per active participant$641
Average account balance$75,770
Benefits paid to participants$1,491,525
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,206
Total administrative$1,206
The Sofidel America Corp. 401(k) match · 2024
Employer contribution per active participant$641
Median for plans this size$3,635

Sofidel America Corp.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,206

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

Administrative cost history1
2024$1,206 · 0.00%
All plans at this employer3
SOFIDEL AMERICA CORP. 401(K) PLAN401(k)
SOFIDEL AMERICA 401(K) PLAN401(k)
SOFIDEL AMERICA REPRESENTED EMPLOYEES 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Lannett Company, Inc. PA$97.4M · 0.26%
Alleima USA LLC PA$97.2M · 0.03%
Eriks Corporation PA$97.0M · 0.21%
Eriez Manufacturing Co. PA$94.7M · 0.22%
Gentex Corporation PA$93.7M · 0.20%
Akorn Operating Company LLC PA$91.6M · 0.03%
United Refining Company PA$90.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371700146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.