Plan Ledger DOL Form 5500 · updated monthly

Sumitomoshi Cryogenics of Ame401(k)

SUMITOMO (SHI) CRYOGENICS OF AMERICA, INC. 401(K) PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Sumitomoshi Cryogenics of Ame reported $16,418 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $3,634 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 0.14% to 0.12%. 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 (1,927th of 3,651), and 7,361st of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,078,325
Participants with balances135
Active participants111
Employer contributions$403,396
Employee contributions$905,226
Employer contribution per active participant$3,634
Average account balance$104,284
Benefits paid to participants$1,184,958
Plan auditUnmodified (clean) audit opinion
AuditorTORRILLO & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 135 accts · $403K emplr
2023$12.2M · 139 accts · $427K emplr
2022$10.4M · 138 accts · $389K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,418
Total administrative$16,418
The Sumitomoshi Cryogenics of Ame 401(k) match · 2024
Employer contribution per active participant$3,634
Median for plans this size$2,416
2024$3,634 per active participant
2023$4,070 per active participant
2022$3,570 per active participant

Sumitomoshi Cryogenics of Ame'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$16,418

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$16,418 · 0.12%
2023$15,112 · 0.13%
2022$15,013 · 0.14%
Same employer
Similar plansManufacturing · Pennsylvania
Alcom Printing Group, Inc. PA$14.3M · 0.03%
Martin-Baker America, Inc. PA$14.2M · 0.13%
Phoenix Global PA$14.2M · 0.81%
The Maple Press Company PA$14.1M · 0.26%
Leidys LLC PA$14.0M · 0.43%
Auma Actuators, Inc. PA$13.9M · 0.41%
Carclo Technical Plastics PA$13.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521503386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.