Plan Ledger DOL Form 5500 · updated monthly

Polydeck Screen Corporation401(k)

POLYDECK SCREEN CORPORATION 401(K) PLAN · SPARTANBURG, SC · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Polydeck Screen Corporation reported $67,898 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,883 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 fell from 0.40% to 0.30%. 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 222nd-largest of 807 plans among South Carolina employers on file, and the 5,207th of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 288 to 326 since 2022.

Plan summary
Net assets, end of year$24,407,378
Participants with balances390
Active participants326
Employer contributions$939,872
Employee contributions$1,804,312
Employer contribution per active participant$2,883
Average account balance$62,583
Benefits paid to participants$3,175,789
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 390 accts · $940K emplr
2023$21.0M · 360 accts · $796K emplr
2022$16.6M · 380 accts · $722K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,704
Investment management$7,194
Total administrative$67,898
The Polydeck Screen Corporation 401(k) match · 2024
Employer contribution per active participant$2,883
Median for plans this size$2,416
2024$2,883 per active participant
2023$2,688 per active participant
2022$2,508 per active participant

Polydeck Screen Corporation'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 · 20244
PRINCIPAL FINANCIAL GROUP · Recordkeeping$53,729
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$62,454
WELLS FARGO ADVISORS · Investment advisory (plan)$9,600
WELLS FARGO ADVISORS · Investment advisory (plan)$7,200

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$67,898 · 0.30%
2023$76,182 · 0.41%
2022$75,759 · 0.40%
Same employer
Similar plansManufacturing · South Carolina
Gmi Holding, Inc. SC$27.1M · 0.21%
The Reynolds Company SC$25.8M · 0.07%
Saati Americas Corporation SC$25.4M · 0.02%
William Barnet & Son, LLC SC$24.6M · 0.04%
Hamrick Mills, Inc. SC$24.1M · 0.13%
Gulbrandsen Chemicals, Inc. SC$22.9M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 570673179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.