Plan Ledger DOL Form 5500 · updated monthly

Sam Dong America, Inc.401(k)

SAM DONG AMERICA 401(K) PLAN · DELAWARE, OH · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Sam Dong America, Inc. reported $31,448 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $985 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 0.46%. 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 Ohio (2,272nd of 3,295), and 10,045th of 13,661 in manufacturing. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,215,722
Participants with balances124
Active participants223
Employer contributions$219,748
Employee contributions$625,776
Employer contribution per active participant$985
Average account balance$58,191
Benefits paid to participants$826,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 124 accts · $220K emplr
2023$6.5M · 120 accts · $215K emplr
2022$5.4M · 121 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,739
Investment management$19,709
Total administrative$31,448
The Sam Dong America, Inc. 401(k) match · 2024
Employer contribution per active participant$985
Median for plans this size$1,313
2024$985 per active participant
2023$898 per active participant
2022$938 per active participant

Sam Dong America, Inc.'s 2024 employer contribution ran below the $1,313 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
RETIREMENT PLANS INC · Investment advisory (plan)$19,709
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,739

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$31,448 · 0.46%
2023$27,007 · 0.46%
2022$27,400 · 0.47%
Similar plansManufacturing · Ohio
The A.I. Root Company OH$7.3M · 0.33%
All-Foils, Inc. OH$7.3M · 0.50%
Cosmo Corporation OH$7.2M · 0.04%
Gerbers Poultry, Inc. OH$7.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810960137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.