Plan Ledger DOL Form 5500 · updated monthly

Strahman Valves Inc401(k)

STRAHMAN VALVES INC 401(K) PROFIT SHARING PLAN & TRUST · BETHLEHEM, PA · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Strahman Valves Inc reported $28,779 in plan administrative expenses for 2023: 0.49% of average plan assets, below the peer median. Employer contributions averaged $2,725 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 $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,777th of 3,651), and 3,545th of 5,215 in retail trade. In 2023, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,789,218
Participants with balances98
Active participants69
Employer contributions$188,022
Employee contributions$377,461
Employer contribution per active participant$2,725
Average account balance$59,074
Benefits paid to participants$1,550,350
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,355
Investment management$16,564
Trustee / custodial$860
Total administrative$28,779
The Strahman Valves Inc 401(k) match · 2023
Employer contribution per active participant$2,725
Median for plans this size$1,308

Strahman Valves Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PAYCHEX, INC. · Recordkeeping$7,270
EQUITABLE ADVISORS, LLC · Investment advisory (participants)$13,804

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

Administrative cost history1
2023$28,779 · 0.49%
Similar plansRetail Trade · Pennsylvania
Klingensmith Drug, Inc. PA$6.1M · 0.01%
Seven Z Enterprises, Inc. PA$5.9M · 0.70%
Buckmans, Inc. PA$5.6M · 0.76%
M & B Paul, Inc. PA$5.6M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221642392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.