Plan Ledger DOL Form 5500 · updated monthly

Younger Mfg. Co.401(k)

YOUNGER MFG. CO. 401(K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Younger Mfg. Co. reported $73,991 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $6,117 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 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,078th-largest of 9,483 plans among California employers on file, and the 2,196th of 11,911 in health care & social assistance. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,196,009
Participants with balances149
Active participants119
Employer contributions$727,880
Employee contributions$1,277,570
Employer contribution per active participant$6,117
Average account balance$276,483
Benefits paid to participants$1,676,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.2M · 149 accts · $728K emplr
2023$36.4M · 144 accts · $701K emplr
2022$30.1M · 147 accts · $698K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,991
Total administrative$73,991
The Younger Mfg. Co. 401(k) match · 2024
Employer contribution per active participant$6,117
Median for plans this size$2,416
2024$6,117 per active participant
2023$5,742 per active participant
2022$5,673 per active participant

Younger Mfg. Co.'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 · 20243
LPL FINANCIAL · Investment advisory (plan)$47,763
THE RYDING COMPANY · Contract administrator$10,074

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$73,991 · 0.19%
2023$64,122 · 0.19%
2022$63,272 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · California
Western Health Advantage CA$42.2M · 0.02%
Vista Community Clinic CA$41.9M · 0.19%
American Health Care CA$41.2M · 0.43%
Beverly Hospital CA$41.0M · 0.37%
Petaluma Health Center CA$40.9M · 0.04%
Honor Technology, Inc. CA$40.8M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951851598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.