Plan Ledger DOL Form 5500 · updated monthly

Specialty Fabrication and Powder Coating, LLC401(k)

SPECIALTY FABRICATION AND POWDER COATING, LLC 401(K) PROFIT SHARING PLAN · FRANKLIN, PA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Specialty Fabrication and Powder Coating, LLC reported $28,336 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $478 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 rose from 0.53% to 0.56%. 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 (2,826th of 3,651), and 10,954th of 13,661 in manufacturing. In 2024, employees put in $4.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,471,841
Participants with balances206
Active participants131
Employer contributions$62,627
Employee contributions$283,155
Employer contribution per active participant$478
Average account balance$26,562
Benefits paid to participants$178,879
Plan auditUnmodified (clean) audit opinion
AuditorMCGILL,POWER,BELL & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 206 accts · $63K emplr
2023$4.6M · 206 accts · $31K emplr
2022$4.1M · 204 accts · $30K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,130
Investment management$23,206
Total administrative$28,336
The Specialty Fabrication and Powder Coating, LLC 401(k) match · 2024
Employer contribution per active participant$478
Median for plans this size$1,313
2024$478 per active participant
2023$237 per active participant
2022$242 per active participant

Specialty Fabrication and Powder Coating, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
CAPITAL BANK AND TRUST COMPANY · Recordkeeping$5,130
EDWARD JONES · Investment advisory (plan)$23,206

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

Recordkeeper by year2
2024CAPITAL BANK AND TRUST COMPANY
2023CAPITAL BANK AND TRUST COMPANY

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

Administrative cost history3
2024$28,336 · 0.56%
2023$22,479 · 0.52%
2022$23,551 · 0.53%
Similar plansManufacturing · Pennsylvania
Flagzone, LLC PA$5.6M · 0.45%
Cummings Lumber Co., Inc. PA$5.5M · 0.56%
M. Cohen & Sons, Inc. PA$5.4M · 0.66%
Everlast Roofing, Inc. PA$5.4M · 0.88%
Tsg Finishing, LLC PA$5.4M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 061732356 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.