Plan Ledger DOL Form 5500 · updated monthly

The Secant Group, LLC401(k)

THE SECANT GROUP, LLC 401(K) PLAN · TELFORD, PA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

The Secant Group, LLC reported $47,689 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,034 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,050th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,007th of 13,661 in manufacturing. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,338,119
Participants with balances264
Active participants205
Employer contributions$1,441,926
Employee contributions$1,593,886
Employer contribution per active participant$7,034
Average account balance$133,857
Benefits paid to participants$6,465,573
Plan auditQualified audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,689
Total administrative$47,689
The The Secant Group, LLC 401(k) match · 2024
Employer contribution per active participant$7,034
Median for plans this size$2,416

The Secant Group, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$47,689

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

Administrative cost history1
2024$47,689 · 0.13%
Similar plansManufacturing · Pennsylvania
Farmers Pride Inc. PA$35.9M · 0.37%
Bally Ribbon Mills PA$35.9M · 0.43%
Fs-Elliott Co., LLC PA$35.5M · 0.44%
A. Stucki Company PA$35.3M · 0.39%
Lavazza North America, Inc. PA$35.2M · 0.09%
Thlp Co., LLP PA$34.9M · 0.33%
Opta Group LP PA$34.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231944905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.