Plan Ledger DOL Form 5500 · updated monthly

Conn-Selmer, Inc.401(k)

CONN-SELMER 401(K) & PROFIT SHARING PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Conn-Selmer, Inc. reported $155,682 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,406 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 0.26% to 0.41%. 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 324th-largest of 1,562 plans among Indiana employers on file, and the 3,480th of 13,661 in manufacturing. In 2024, employees put in $3.33 for every $1.00 the employer contributed; active participation has grown from 478 to 590 since 2022.

Plan summary
Net assets, end of year$43,313,708
Participants with balances983
Active participants590
Employer contributions$829,466
Employee contributions$2,758,751
Employer contribution per active participant$1,406
Average account balance$44,063
Benefits paid to participants$5,408,525
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 983 accts · $829K emplr
2023$33.5M · 710 accts · $595K emplr
2022$29.0M · 652 accts · $618K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,591
Investment management$41,593
Audit (IQPA)$50,498
Total administrative$155,682
The Conn-Selmer, Inc. 401(k) match · 2024
Employer contribution per active participant$1,406
Median for plans this size$2,416
2024$1,406 per active participant
2023$1,174 per active participant
2022$1,293 per active participant

Conn-Selmer, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$63,591
PROSPERA FINANCIAL SERVICES · Investment advisory (plan)$41,593
MAZARS USA LLP · Accounting / audit$26,333
FORVIS MAZARS, LLP · Accounting / audit$24,165

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$155,682 · 0.41%
2023$109,746 · 0.35%
2022$87,583 · 0.26%
All plans at this employer2
CONN-SELMER 401(K) & PROFIT SHARING PLAN401(k)
CONN-SELMER UNION EMPLOYEE'S 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Indiana
Morgan Foods, Inc. IN$42.2M · 0.23%
Ilpea Industries, Inc. IN$41.7M · 0.29%
Phd, Inc. IN$41.7M · 0.15%
Farbest Foods, Inc. IN$40.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954432228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.