Plan Ledger DOL Form 5500 · updated monthly

New Sabina Industries, Inc.401(k)

NEW SABINA INDUSTRIES, INC. ASSOC SAVINGS & INVESTMENT PLAN · SABINA, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

New Sabina Industries, Inc. reported $27,838 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,426 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 0.04% to 0.09%. 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 881st-largest of 3,295 plans among Ohio employers on file, and the 4,066th of 13,661 in manufacturing. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 312 to 368 since 2022.

Plan summary
Net assets, end of year$34,489,515
Participants with balances531
Active participants368
Employer contributions$892,884
Employee contributions$1,400,382
Employer contribution per active participant$2,426
Average account balance$64,952
Benefits paid to participants$2,440,307
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 531 accts · $893K emplr
2023$30.7M · 589 accts · $1.3M emplr
2022$26.0M · 464 accts · $774K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,838
Total administrative$27,838
The New Sabina Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,426
Median for plans this size$2,416
2024$2,426 per active participant
2023$3,061 per active participant
2022$2,481 per active participant

New Sabina Industries, Inc.'s 2024 employer contribution ran above 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$27,838
ADP BROKER-DEALER · Other servicesindirect comp
EQUITABLE ADVISORS, LLC · Other servicesindirect comp

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
2023ADP

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

Administrative cost history3
2024$27,838 · 0.09%
2023$19,394 · 0.07%
2022$12,822 · 0.04%
Similar plansManufacturing · Ohio
Presrite Corporation OH$35.0M · 0.37%
Valco Cincinnati, Inc. OH$34.9M · 0.25%
The M. K. Morse Company OH$34.7M · 0.14%
Millwood, Inc. OH$34.2M · 0.62%
Agrana Fruit US, Inc. OH$34.2M · 0.30%
Mssl Wiring System Inc. OH$34.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311181749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.