Plan Ledger DOL Form 5500 · updated monthly

William a. Fraser, Inc. D/B/A Fraser Business401(k)

FRASER BUSINESS EQUIPMENT SALARY DEFERRAL PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

William a. Fraser, Inc. D/B/A Fraser Business reported $10,721 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $529 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 0.07% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (1,886th of 3,651), and the 1,943rd of 5,215 in retail trade. In 2024, employees put in $9.15 for every $1.00 the employer contributed; active participation has grown from 156 to 174 since 2022.

Plan summary
Net assets, end of year$14,619,081
Participants with balances127
Active participants174
Employer contributions$91,990
Employee contributions$841,283
Employer contribution per active participant$529
Average account balance$115,111
Benefits paid to participants$1,480,387
Plan auditUnmodified (clean) audit opinion
AuditorREGAN, LEVIN, BLOSS, BROWN & SAVCHA
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 127 accts · $92K emplr
2023$13.6M · 128 accts · $89K emplr
2022$12.8M · 138 accts · $86K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,721
Total administrative$10,721
The William a. Fraser, Inc. D/B/A Fraser Business 401(k) match · 2024
Employer contribution per active participant$529
Median for plans this size$2,416
2024$529 per active participant
2023$619 per active participant
2022$551 per active participant

William a. Fraser, Inc. D/B/A Fraser Business'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$10,720
CORNERSTONE ADVISORS ASSET MGMT · Investment advisory (plan)indirect 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$10,721 · 0.08%
2023$9,671 · 0.07%
2022$10,376 · 0.07%
Same employer
Similar plansRetail Trade · Pennsylvania
Garnet Ford, Inc. PA$15.0M · 0.37%
Sharp Shopper, Inc. PA$14.9M · 0.28%
Scott Imports, Inc. PA$14.8M · 0.27%
O. C. Cluss Lumber Company PA$14.7M · 0.35%
Country Fair, Inc. PA$14.5M · 0.03%
Rusmur Floors Inc PA$14.4M · 0.50%
Tom Masano, Inc. PA$14.3M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231975860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.