Plan Ledger DOL Form 5500 · updated monthly

Ward Manufacturing, LLC401(k)

WARD MANUFACTURING, LLC SALARY RETIREMENT PLAN · BLOSSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Ward Manufacturing, LLC reported $43,823 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $4,157 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 0.22% to 0.37%. 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 (2,059th of 3,651), and 7,859th of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,540,975
Participants with balances111
Active participants100
Employer contributions$415,688
Employee contributions$540,253
Employer contribution per active participant$4,157
Average account balance$112,982
Benefits paid to participants$835,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 111 accts · $416K emplr
2023$11.0M · 116 accts · $395K emplr
2022$10.8M · 119 accts · $409K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,823
Total administrative$43,823
The Ward Manufacturing, LLC 401(k) match · 2024
Employer contribution per active participant$4,157
Median for plans this size$2,416
2024$4,157 per active participant
2023$3,595 per active participant
2022$4,010 per active participant

Ward Manufacturing, 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
CITIZENS & NORTHERN BANK · Recordkeeping · Consulting$39,526

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CITIZENS & NORTHERN BANK
2023CITIZENS & NORTHERN BANK

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Administrative cost history3
2024$43,823 · 0.37%
2023$37,725 · 0.35%
2022$26,254 · 0.22%
All plans at this employer2
WARD MANUFACTURING, LLC SALARY RETIREMENT PLAN401(k)
WARD MANUFACTURING, LLC 401(K) PLAN401(k)
Similar plansManufacturing · Pennsylvania
Pecora Corporation PA$12.7M · 0.45%
Vorteq Coil Finishers, LLC PA$12.7M · 0.74%
Phoenix Tube Company, Inc. PA$12.7M · 0.31%
Custom Engineering Company PA$12.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 711042639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.