Plan Ledger DOL Form 5500 · updated monthly

S. S. White Technologies, Inc.401(k)

S. S. WHITE EMPLOYEES 401(K) SAVINGS PLAN · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

S. S. White Technologies, Inc. reported $48,072 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $354 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 0.94% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,529th of 3,644), and 11,308th of 13,661 in manufacturing. In 2024, employees put in $8.42 for every $1.00 the employer contributed; active participation has grown from 108 to 129 since 2022.

Plan summary
Net assets, end of year$4,792,920
Participants with balances189
Active participants129
Employer contributions$45,714
Employee contributions$385,110
Employer contribution per active participant$354
Average account balance$25,359
Benefits paid to participants$609,647
Plan auditUnmodified (clean) audit opinion
AuditorKELLY PARTNERS ATTEST SERVICES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 189 accts · $46K emplr
2023$4.5M · 183 accts · $38K emplr
2022$3.9M · 145 accts · $32K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,632
Investment management$18,440
Total administrative$48,072
The S. S. White Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$354
Median for plans this size$1,313
2024$354 per active participant
2023$287 per active participant
2022$300 per active participant

S. S. White Technologies, 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
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$29,632
MERRILL LYNCH · Consulting · Investment advisory (plan)$18,440

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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Administrative cost history3
2024$48,072 · 1.03%
2023$39,443 · 0.94%
2022$40,452 · 0.94%
Same employer
Similar plansManufacturing · Florida
Caribbean Distillers, LLC FL$5.2M · 0.39%
Teakdecking Systems, Inc. FL$5.1M · 0.64%
Skagfield Corporation FL$4.8M · 0.13%
Chemical Containers, Inc. FL$4.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222903476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.