Plan Ledger DOL Form 5500 · updated monthly

Kings Plush, Inc. dba Sti, Inc.401(k)

KINGS PLUSH, INC. DBA STI 401(K) PLAN · KINGS MOUNTAIN, NC · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Kings Plush, Inc. dba Sti, Inc. reported $63,611 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $1,558 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 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,218th of 2,005), and 9,537th of 13,661 in manufacturing. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,319,553
Participants with balances216
Active participants203
Employer contributions$316,263
Employee contributions$465,028
Employer contribution per active participant$1,558
Average account balance$38,516
Benefits paid to participants$1,024,466
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 216 accts · $316K emplr
2023$7.6M · 240 accts · $347K emplr
2022$6.2M · 235 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,871
Investment management$23,740
Total administrative$63,611
The Kings Plush, Inc. dba Sti, Inc. 401(k) match · 2024
Employer contribution per active participant$1,558
Median for plans this size$1,313
2024$1,558 per active participant
2023$1,676 per active participant
2022$1,668 per active participant

Kings Plush, Inc. dba Sti, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$39,871
KESTRA ADVISORY SERVICES, LLC · Consulting · Insurance services$23,740

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,611 · 0.80%
2023$52,880 · 0.77%
2022$58,280 · 0.82%
Same employer
Similar plansManufacturing · North Carolina
Dubose Strapping, Inc. NC$8.4M · 0.44%
McGee Corporation NC$8.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561472891 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.