Plan Ledger DOL Form 5500 · updated monthly

S.B. Collins, Inc.401(k)

S.B. COLLINS, INC. 401(K) PLAN · ST. ALBANS, VT · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

S.B. Collins, Inc. reported $82,739 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $458 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 0.80% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Vermont (147th of 230), and 2,964th of 4,246 in wholesale trade. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 251 to 678 since 2022.

Plan summary
Net assets, end of year$9,673,030
Participants with balances168
Active participants678
Employer contributions$310,482
Employee contributions$740,539
Employer contribution per active participant$458
Average account balance$57,578
Benefits paid to participants$1,633,631
Plan auditUnmodified (clean) audit opinion
AuditorA.M. PEISCH & COMPANY, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $51K emplr
2024$9.7M · 168 accts · $310K emplr
2023$9.4M · 154 accts · $259K emplr
2022$7.8M · 136 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,130
Investment management$48,609
Total administrative$82,739
The S.B. Collins, Inc. 401(k) match · 2024
Employer contribution per active participant$458
Median for plans this size$1,313
2024$458 per active participant
2023$706 per active participant
2022$862 per active participant

S.B. Collins, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$48,609
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,130

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

Administrative cost history4
2025Not separately reported
2024$82,739 · 0.87%
2023$66,533 · 0.78%
2022$64,526 · 0.80%
Similar plansWholesale Trade · Vermont
New Chapter, Inc. VT$19.5M · 0.50%
E Block, Corp. VT$5.8M · 1.14%
Capital Candy, Inc. VT$5.4M · 0.34%
Gordini USA, Inc. VT$3.5M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030175405 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.