Plan Ledger DOL Form 5500 · updated monthly

Vibra-Tech Engineers, Inc.401(k)

VIBRA-TECH ENGINEERS, INC. 401K PROFIT SHARING PLAN · HAZLETON, PA · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Vibra-Tech Engineers, Inc. reported $214,145 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,795 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 0.92%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,383rd-largest of 3,651 plans among Pennsylvania employers on file, and the 1,790th of 5,337 in construction. In 2024, the employer put in $4.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$23,965,411
Participants with balances148
Active participants101
Employer contributions$989,286
Employee contributions$244,692
Employer contribution per active participant$9,795
Average account balance$161,928
Benefits paid to participants$1,910,812
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 148 accts · $989K emplr
2023$22.8M · 144 accts · $955K emplr
2022$21.0M · 147 accts · $843K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,297
Investment management$177,848
Total administrative$214,145
The Vibra-Tech Engineers, Inc. 401(k) match · 2024
Employer contribution per active participant$9,795
Median for plans this size$2,416
2024$9,795 per active participant
2023$9,746 per active participant
2022$8,428 per active participant

Vibra-Tech Engineers, Inc.'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 · 20242
MANNING & NAPIER ADVISORS, INC. · Investment advisory (plan) · Investment management$177,848
AMERISERV TRUST & FINANCIAL SERVICE · Custodial · Custodial (securities)$36,297

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$214,145 · 0.92%
2023$206,746 · 0.95%
2022$183,637 · 0.90%
Same employer
Similar plansConstruction · Pennsylvania
S & a Homes, Inc. PA$25.0M · 0.31%
The Witmer Group, LLC PA$24.8M · 0.61%
George J. Hayden, Inc PA$22.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 240857023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.