Plan Ledger DOL Form 5500 · updated monthly

Versatex Buidling Products, LLC401(k)

VERSATEX BUILDING PRODUCTS, LLC 401(K) PLAN · ALIQUIPPA, PA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Versatex Buidling Products, LLC reported $68,517 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $5,067 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 0.426%. 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 1,672nd-largest of 3,651 plans among Pennsylvania employers on file, and the 6,449th of 13,661 in manufacturing. In 2024, the employer put in $1.39 for every $1.00 employees contributed themselves; active participation has grown from 185 to 207 since 2022.

Plan summary
Net assets, end of year$17,524,959
Participants with balances243
Active participants207
Employer contributions$1,048,927
Employee contributions$754,609
Employer contribution per active participant$5,067
Average account balance$72,119
Benefits paid to participants$1,199,284
Plan auditUnmodified (clean) audit opinion
AuditorH2R CPA
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 243 accts · $1.0M emplr
2023$14.7M · 234 accts · $827K emplr
2022$11.5M · 244 accts · $704K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,517
Total administrative$68,517
The Versatex Buidling Products, LLC 401(k) match · 2024
Employer contribution per active participant$5,067
Median for plans this size$2,416
2024$5,067 per active participant
2023$4,242 per active participant
2022$3,808 per active participant

Versatex Buidling Products, 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
CAPITAL BANK AND TRUST COMPANY$57,691

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$68,517 · 0.43%
2023$67,123 · 0.51%
2022$53,000 · 0.43%
Same employer
Similar plansManufacturing · Pennsylvania
Aerzen USA Corp PA$17.8M · 0.40%
Brodart Co. PA$17.8M · 0.55%
Accutrex Products, Inc. PA$17.6M · 0.19%
Accuride Erie, L.P. PA$17.3M · 0.29%
Polytek Development Corp. PA$17.3M · 0.41%
Anro Inc. PA$17.2M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200073199 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.