Plan Ledger DOL Form 5500 · updated monthly

Norstar Manufacturing Group, Inc.401(k)

NORSTAR TRAILERS 401(K) MATCHING PLAN · BROOKSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.75%

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

Norstar Manufacturing Group, Inc. reported $3,688 in plan administrative expenses for 2022: 0.75% of average plan assets, below the peer median. Employer contributions averaged $712 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (5,406th of 5,688), and 13,422nd of 13,661 in manufacturing. In 2022, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$607,918
Participants with balances57
Active participants221
Employer contributions$157,362
Employee contributions$213,619
Employer contribution per active participant$712
Average account balance$10,665
Benefits paid to participants$40,464
Plan auditUnmodified (clean) audit opinion
AuditorSUTTON FROST CARY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,688
Total administrative$3,688
The Norstar Manufacturing Group, Inc. 401(k) match · 2022
Employer contribution per active participant$712
Median for plans this size$331

Norstar Manufacturing Group, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,688 · 0.75%
Similar plansManufacturing · Texas
Cadeco Industries, Inc. TX$729K · 0.11%
Fresh From Texas, LLC TX$655K · 1.25%
Tmgcore, Inc. TX$583K · 1.87%
L.F. Manufacturing, Inc. TX$563K · 0.27%
Bruegmann USA, Inc. TX$558K · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474774244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.