Plan Ledger DOL Form 5500 · updated monthly

Polywood401(k)

POLYWOOD 401(K) PROFIT SHARING PLAN · SYRACUSE, IN · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Polywood reported $178,279 in plan administrative expenses for 2024: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,847 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 0.75% to 0.80%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 482nd-largest of 1,562 plans among Indiana employers on file, and the 1,578th of 4,246 in wholesale trade. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 831 to 1,155 since 2022.

Plan summary
Net assets, end of year$25,009,448
Participants with balances1,173
Active participants1,155
Employer contributions$2,133,137
Employee contributions$3,128,319
Employer contribution per active participant$1,847
Average account balance$21,321
Benefits paid to participants$2,781,249
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 1,173 accts · $2.1M emplr
2023$19.4M · 1,366 accts · $1.8M emplr
2022$13.6M · 951 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,596
Investment management$83,683
Total administrative$178,279
The Polywood 401(k) match · 2024
Employer contribution per active participant$1,847
Median for plans this size$2,416
2024$1,847 per active participant
2023$2,010 per active participant
2022$2,074 per active participant

Polywood's 2024 employer contribution ran below 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 · 20242
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$83,683

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$178,279 · 0.80%
2023$133,816 · 0.81%
2022$99,508 · 0.75%
Same employer
Similar plansWholesale Trade · Indiana
Linc Acquisition Co. IN$30.7M · 0.33%
Horner Electric Inc. IN$28.6M · 0.01%
Asa Electronics, LLC IN$25.6M · 0.11%
Lasalle Bristol, L.P. IN$24.1M · 0.19%
Bell Industries, Inc. IN$23.3M · 0.48%
Stanz-Troyer Holdings, LLC IN$22.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474665663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.