Plan Ledger DOL Form 5500 · updated monthly

U.S. Engine Valve Company401(k)

U.S. ENGINE VALVE COMPANY 401(K) PLAN · WESTMINSTER, SC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

U.S. Engine Valve Company reported $5,377 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,052 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 0.03% to 0.05%. 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 382nd-largest of 807 plans among South Carolina employers on file, and 7,875th of 13,661 in manufacturing. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 226 to 253 since 2022.

Plan summary
Net assets, end of year$12,500,381
Participants with balances266
Active participants253
Employer contributions$266,095
Employee contributions$648,862
Employer contribution per active participant$1,052
Average account balance$46,994
Benefits paid to participants$1,195,981
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 266 accts · $266K emplr
2023$11.2M · 235 accts · $225K emplr
2022$9.8M · 192 accts · $173K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,377
Total administrative$5,377
The U.S. Engine Valve Company 401(k) match · 2024
Employer contribution per active participant$1,052
Median for plans this size$2,416
2024$1,052 per active participant
2023$837 per active participant
2022$764 per active participant

U.S. Engine Valve 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,377
LPL FINANCIAL LLCindirect comp

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$5,377 · 0.05%
2023$5,200 · 0.05%
2022$2,725 · 0.03%
Same employer
Similar plansManufacturing · South Carolina
Gentherm Automotive, LLC SC$13.3M · 0.58%
Brown Packing Co., Inc. SC$12.6M · 0.64%
Owen Steel Company Inc. SC$12.5M · 0.35%
Mancor Industries, Inc. SC$11.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341668844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.