Plan Ledger DOL Form 5500 · updated monthly

S-One Holdings Corporation401(k)

S-ONE HOLDINGS CORPORATION RETIREMENT PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

S-One Holdings Corporation reported $162,908 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,969 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 0.59% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 861st-largest of 3,644 plans among Florida employers on file, and the 4,357th of 11,654 in professional & technical services. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,292,606
Participants with balances178
Active participants169
Employer contributions$670,804
Employee contributions$1,498,104
Employer contribution per active participant$3,969
Average account balance$158,947
Benefits paid to participants$870,558
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 178 accts · $671K emplr
2023$23.7M · 170 accts · $632K emplr
2022$18.6M · 168 accts · $563K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$162,908
Total administrative$162,908
The S-One Holdings Corporation 401(k) match · 2024
Employer contribution per active participant$3,969
Median for plans this size$2,416
2024$3,969 per active participant
2023$3,953 per active participant
2022$3,612 per active participant

S-One Holdings Corporation's 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$162,907
BENJAMIN F EDWARDS & COMPANY · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$162,908 · 0.63%
2023$131,105 · 0.62%
2022$117,799 · 0.59%
Similar plansProfessional & Technical Services · Florida
Voloridge, LLC FL$28.7M · 0.24%
Analytic Partners, Inc. FL$28.7M · 0.44%
Kerkering, Barberio & Co. FL$28.3M · 0.25%
Parametric Solutions Inc. FL$27.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364748517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.