Plan Ledger DOL Form 5500 · updated monthly

Tube Methods, Inc.401(k)

TUBE METHODS, INC./TECH TUBE, INC. 401(K) PLAN · BRIDGEPORT, PA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Tube Methods, Inc. reported $59,993 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $793 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 1,778th-largest of 3,651 plans among Pennsylvania employers on file, and 6,844th of 13,661 in manufacturing. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,876,288
Participants with balances271
Active participants382
Employer contributions$303,110
Employee contributions$704,888
Employer contribution per active participant$793
Average account balance$58,584
Benefits paid to participants$928,978
Plan auditUnmodified (clean) audit opinion
AuditorJOSEPH P. MELVIN COMPANY, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,993
Total administrative$59,993
The Tube Methods, Inc. 401(k) match · 2024
Employer contribution per active participant$793
Median for plans this size$2,416

Tube Methods, Inc.'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 · 20243
MML INVESTORS SERVICES, INC. · Recordkeeping · Trustee$19,855
ADP, INC. · Loan processing · Recordkeeping$18,925
ADP BROKER-DEALER · Other servicesindirect comp

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, MML INVESTORS SERVICES, INC.
2023PROFESSIONAL CAPITAL SERVICES, LLC

This plan has changed recordkeepers within these filings. If you left Tube Methods, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history1
2024$59,993 · 0.40%
All plans at this employer2
TUBE METHODS, INC./TECH TUBE, INC. 401(K) PLAN401(k)
TUBE METHODS, INC./TECH TUBE, INC. 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Nielsen-Kellerman Co. PA$16.1M · 0.03%
Befesa Zinc US Inc. PA$16.0M · 0.30%
Precision Medical, Inc. PA$16.0M · 0.25%
Benton Foundry, Inc. PA$15.8M · 0.27%
Purolite LLC PA$15.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232367622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.