Plan Ledger DOL Form 5500 · updated monthly

The Loomis Company401(k)

THE LOOMIS COMPANY 401(K) PROFIT SHARING PLAN · WYOMISSING, PA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

The Loomis Company reported $38,572 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $469 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 0.12% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,495th-largest of 3,651 plans among Pennsylvania employers on file, and 2,983rd of 4,798 in finance & insurance. In 2024, employees put in $7.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,926,370
Participants with balances326
Active participants321
Employer contributions$150,662
Employee contributions$1,125,471
Employer contribution per active participant$469
Average account balance$64,191
Benefits paid to participants$1,973,676
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 326 accts · $151K emplr
2023$18.9M · 421 accts · $145K emplr
2022$17.0M · 453 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,565
Investment management$25,007
Total administrative$38,572
The The Loomis Company 401(k) match · 2024
Employer contribution per active participant$469
Median for plans this size$2,416
2024$469 per active participant
2023$483 per active participant
2022$492 per active participant

The Loomis Company's 2024 employer contribution ran below the $2,416 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
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$13,565
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$25,007

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

Administrative cost history3
2024$38,572 · 0.19%
2023$37,876 · 0.21%
2022$21,184 · 0.12%
Same employer
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Penns Woods Bancorp, Inc. PA$22.2M · 0.37%
Erie Federal Credit Union PA$22.0M · 0.46%
Bm Technologies, Inc. PA$21.7M · 0.44%
Elmc Risk Solutions, LLC PA$21.4M · 0.12%
Cohen & Company, LLC PA$20.9M · 0.49%
Fncb Bank PA$20.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232238132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.