Plan Ledger DOL Form 5500 · updated monthly

Sunless, Inc401(k)

MT INDUSTRIES INC 401(K) PROFIT SHARING PLAN & TRUST · MACEDONIA, OH · plan year 2024

Reported admin expense ratio · 2024
1.50%

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

Sunless, Inc reported $52,284 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,462 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 0.92% to 1.50%. 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 Ohio (2,737th of 3,295), and 11,894th of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 98 to 109 since 2022.

Plan summary
Net assets, end of year$3,730,399
Participants with balances110
Active participants109
Employer contributions$268,318
Employee contributions$461,743
Employer contribution per active participant$2,462
Average account balance$33,913
Benefits paid to participants$803,521
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 110 accts · $268K emplr
2023$3.3M · 121 accts · $248K emplr
2022$2.5M · 111 accts · $226K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,517
Investment management$31,480
Audit (IQPA)$16,287
Total administrative$52,284
The Sunless, Inc 401(k) match · 2024
Employer contribution per active participant$2,462
Median for plans this size$1,313
2024$2,462 per active participant
2023$2,344 per active participant
2022$2,301 per active participant

Sunless, Inc's 2024 employer contribution ran above the $1,313 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
RSM US LLP · Recordkeeping · Pension consulting$16,287
LPL FINANCIAL · Recordkeeping · Pension consulting$15,740
ADP, INC. · Loan processing · Recordkeeping$4,517

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

Recordkeeper by year2
2024ADP, LPL Financial, RSM US LLP
2023ADP, RSM US LLP

This plan has changed recordkeepers within these filings. If you left Sunless, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,284 · 1.50%
2023$42,535 · 1.48%
2022$22,700 · 0.92%
Same employer
Similar plansManufacturing · Ohio
Rhinegeist Brewery OH$3.7M · 0.06%
Eb Display Company OH$3.7M · 0.10%
Nissen Chemitec America OH$3.6M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752821873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.