Plan Ledger DOL Form 5500 · updated monthly

S&K Distribution, LLC401(k)

NEW CASTLE BUILDING PRODUCTS 401(K) PLAN · WHITE PLAINS, NY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

S&K Distribution, LLC reported $87,337 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,205 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 0.46% to 0.41%. 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 2,298th-largest of 5,648 plans among New York employers on file, and the 1,678th of 4,246 in wholesale trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 336 to 378 since 2022.

Plan summary
Net assets, end of year$23,214,681
Participants with balances366
Active participants378
Employer contributions$833,613
Employee contributions$1,535,613
Employer contribution per active participant$2,205
Average account balance$63,428
Benefits paid to participants$1,670,951
Plan auditUnmodified (clean) audit opinion
AuditorTRAPHAGEN & TRAPHAGEN CPA'S, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 366 accts · $834K emplr
2023$19.8M · 310 accts · $764K emplr
2022$16.0M · 287 accts · $671K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,685
Investment management$50,652
Total administrative$87,337
The S&K Distribution, LLC 401(k) match · 2024
Employer contribution per active participant$2,205
Median for plans this size$2,416
2024$2,205 per active participant
2023$2,316 per active participant
2022$1,998 per active participant

S&K Distribution, LLC'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 · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$36,685
TFS ADVISORY SERVICES · Investment advisory (plan)$35,179
WORLD INVESTMENT ADVISORS. · Investment advisory (plan)$11,236

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$87,337 · 0.41%
2023$89,853 · 0.50%
2022$74,716 · 0.46%
Same employer
Similar plansWholesale Trade · New York
Vanguard Direct NY$24.7M · 0.31%
Military Car Sales, Inc. NY$23.9M · 0.05%
Imperial Pools, Inc. NY$23.6M · 0.61%
Dreamwear Inc. NY$22.9M · 0.21%
Tarte, Inc. NY$22.5M · 0.24%
Arc-Com Fabrics, Inc. NY$22.2M · 0.27%
Cowtan & Tout, Inc. NY$21.6M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043658520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.