Plan Ledger DOL Form 5500 · updated monthly

Spray Products Corporation401(k)

SPRAY PRODUCTS CORPORATION 401(K) PLAN · PLYMOUTH MEETING, PA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Spray Products Corporation reported $39,415 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,446 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 0.21% to 0.32%. 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 among the smaller plans on file in Pennsylvania (1,997th of 3,651), and 7,632nd of 13,661 in manufacturing. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,256,393
Participants with balances145
Active participants227
Employer contributions$555,175
Employee contributions$756,572
Employer contribution per active participant$2,446
Average account balance$91,423
Benefits paid to participants$474,341
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER CUNNANE AND ASSOCIATES LTD
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 145 accts · $555K emplr
2023$11.0M · 142 accts · $503K emplr
2022$8.8M · 147 accts · $569K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,296
Investment management$29,119
Total administrative$39,415
The Spray Products Corporation 401(k) match · 2024
Employer contribution per active participant$2,446
Median for plans this size$2,416
2024$2,446 per active participant
2023$2,328 per active participant
2022$2,711 per active participant

Spray Products Corporation'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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$10,297
NFP RETIREMENT · Investment advisory (plan)$29,119

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$39,415 · 0.32%
2023$30,941 · 0.31%
2022$21,688 · 0.21%
Same employer
Similar plansManufacturing · Pennsylvania
Baw Plastics Inc PA$13.4M · 0.01%
Astro Machine Works, Inc. PA$13.4M · 0.61%
Penn Recycling, Inc. PA$13.3M · 0.05%
Plastikos, Inc. PA$13.3M · 0.31%
Allegheny Bradford Corp. PA$13.2M · 0.12%
Electron Energy Corporation PA$13.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043590028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.