Plan Ledger DOL Form 5500 · updated monthly

S & S Firestone, Inc.401(k)

S & S FIRESTONE, INC. 401(K) RETIREMENT PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

S & S Firestone, Inc. reported $84,147 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $546 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 3 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 334th-largest of 871 plans among Kentucky employers on file, and the 1,186th of 3,341 in other services. In 2024, employees put in $4.20 for every $1.00 the employer contributed; active participation has grown from 554 to 652 since 2022.

Plan summary
Net assets, end of year$16,952,329
Participants with balances316
Active participants652
Employer contributions$356,008
Employee contributions$1,493,942
Employer contribution per active participant$546
Average account balance$53,647
Benefits paid to participants$2,161,461
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 316 accts · $356K emplr
2023$14.9M · 290 accts · $370K emplr
2022$14.4M · 278 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,591
Investment management$39,556
Total administrative$84,147
The S & S Firestone, Inc. 401(k) match · 2024
Employer contribution per active participant$546
Median for plans this size$2,416
2024$546 per active participant
2023$602 per active participant
2022$620 per active participant

S & S Firestone, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,591
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,563
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$13,316
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,677

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$84,147 · 0.53%
2023$77,364 · 0.53%
2022$85,579 · 0.52%
Same employer
Similar plansOther Services · Kentucky
Shelbyville Laundry Inc. KY$19.8M · 0.64%
Sayre School KY$19.1M · 0.58%
Stc Management Group, LLC KY$19.0M · 0.62%
Airway Group LLC KY$13.8M · 0.30%
Answers in Genesis, Inc. KY$12.4M · 0.64%
Ivy Technology, LLC KY$10.5M · 0.84%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 610864995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.