Plan Ledger DOL Form 5500 · updated monthly

S.H. Tevis & Son Inc.401(k)

S.H. TEVIS & SON, INC. EMPLOYEES' 401K PROFIT SHARING PLAN · WESTMINSTER, MD · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

S.H. Tevis & Son Inc. reported $71,345 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $1,689 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 0.60% to 0.46%. 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 732nd-largest of 1,671 plans among Maryland employers on file, and 2,159th of 4,246 in wholesale trade. In 2024, employees put in $2.89 for every $1.00 the employer contributed; active participation has shrunk from 260 to 233 since 2022.

Plan summary
Net assets, end of year$17,023,529
Participants with balances315
Active participants233
Employer contributions$393,584
Employee contributions$1,137,295
Employer contribution per active participant$1,689
Average account balance$54,043
Benefits paid to participants$1,022,450
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 315 accts · $394K emplr
2023$14.2M · 346 accts · $372K emplr
2022$12.9M · 357 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,001
Total administrative$71,345
The S.H. Tevis & Son Inc. 401(k) match · 2024
Employer contribution per active participant$1,689
Median for plans this size$2,416
2024$1,689 per active participant
2023$1,584 per active participant
2022$1,481 per active participant

S.H. Tevis & Son Inc.'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
JOHN HANCOCK LIFE INSURANCE CO. USA · Recordkeeping · Investment management$636
KESTRA ADVISORY SERVICES · Investment advisory (participants) · Investment advisory (plan)$11,995

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$71,345 · 0.46%
2023$60,447 · 0.44%
2022$71,378 · 0.60%
Same employer
Similar plansWholesale Trade · Maryland
Leadiant Biosciences, Inc. MD$19.4M · 0.08%
Saval Foods Corporation MD$15.9M · 0.31%
Katcef Brothers, Inc. MD$15.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521484304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.