Plan Ledger DOL Form 5500 · updated monthly

United Refractories Co.401(k)

UNITED REFRACTORIES CO. THRIFT SAVINGS PLAN · MCMURRAY, PA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

United Refractories Co. reported $52,003 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,972 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 3 years on file its reported administrative ratio has held roughly steady near 0.50%. 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 (2,185th of 3,651), and 8,308th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 102 to 123 since 2022.

Plan summary
Net assets, end of year$11,159,357
Participants with balances136
Active participants123
Employer contributions$365,561
Employee contributions$764,541
Employer contribution per active participant$2,972
Average account balance$82,054
Benefits paid to participants$1,024,142
Plan auditUnmodified (clean) audit opinion
AuditorH2R CPA
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 136 accts · $366K emplr
2023$9.6M · 137 accts · $308K emplr
2022$7.6M · 124 accts · $253K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,003
Total administrative$52,003
The United Refractories Co. 401(k) match · 2024
Employer contribution per active participant$2,972
Median for plans this size$2,416
2024$2,972 per active participant
2023$2,527 per active participant
2022$2,478 per active participant

United Refractories Co.'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 · 20244
DEFINITI LLC · Contract administrator$6,195
EMPOWER ADVISORY GROUP, LLC · Investment management$3,591
LINSCO/PRIVATE LEDGER CORPindirect 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$52,003 · 0.50%
2023$43,272 · 0.50%
2022$39,878 · 0.49%
Same employer
Similar plansManufacturing · Pennsylvania
Abington Reldan Metals, LLC PA$11.4M · 0.73%
Biospectra, Inc. PA$11.3M · 0.57%
Donsco, Inc. PA$11.2M · 0.48%
Smc Global Holdings, Inc PA$11.1M · 0.31%
The Exone Company PA$11.1M · 0.31%
Yazoo Mills, Inc. PA$11.1M · 0.49%
Distributor Service, Inc. PA$11.1M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251256814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.