Plan Ledger DOL Form 5500 · updated monthly

Stewart Welding & Fabricating, Inc.401(k)

STEWART WELDING & FABRICATING 401(K) PROFIT SHARING PLAN AND TRUST · WRIGHTSVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Stewart Welding & Fabricating, Inc. reported $42,672 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,096 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 fell from 0.93% to 0.45%. 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 (2,243rd of 3,651), and 8,575th of 13,661 in manufacturing. In 2024, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,470,109
Participants with balances170
Active participants151
Employer contributions$316,450
Employee contributions$868,692
Employer contribution per active participant$2,096
Average account balance$61,589
Benefits paid to participants$632,086
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 170 accts · $316K emplr
2023$8.6M · 163 accts · $261K emplr
2022$6.4M · 156 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,205
Investment management$38,467
Total administrative$42,672
The Stewart Welding & Fabricating, Inc. 401(k) match · 2024
Employer contribution per active participant$2,096
Median for plans this size$1,313
2024$2,096 per active participant
2023$1,814 per active participant
2022$1,681 per active participant

Stewart Welding & Fabricating, Inc.'s 2024 employer contribution ran above the $1,313 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
BENEFIT PLANS ADMIN SERVICES, INC. · Recordkeeping · Trustee$18,493
LPL FINANCIAL, LLC. · Investment advisory (plan) · Investment management$24,178

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC.
2023BENEFIT PLANS ADMIN SERVICES, INC.

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Administrative cost history3
2024$42,672 · 0.45%
2023$37,035 · 0.49%
2022$64,839 · 0.93%
Same employer
Similar plansManufacturing · Pennsylvania
Trion Industries, Inc PA$10.9M · 0.49%
Delgrosso Foods, Inc. PA$10.8M · 0.47%
Maple Donuts, Inc. PA$10.6M · 0.50%
Macinnis Group, LLC PA$10.5M · 0.46%
Crescent Industries, Inc. PA$10.5M · 0.66%
F.C. Young and Co., Inc. PA$10.4M · 0.62%
Hoshino (USA), Inc. PA$10.4M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232526025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.