Plan Ledger DOL Form 5500 · updated monthly

Sampco Inc.401(k)

SAMPCO INC. 401(K) PROFIT SHARING PLAN · PITTSFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Sampco Inc. reported $56,366 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $270 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 0.692%. 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 Massachusetts (2,016th of 2,726), and 9,495th of 13,661 in manufacturing. In 2024, employees put in $6.28 for every $1.00 the employer contributed; active participation has grown from 215 to 241 since 2022.

Plan summary
Net assets, end of year$8,403,852
Participants with balances117
Active participants241
Employer contributions$65,156
Employee contributions$409,116
Employer contribution per active participant$270
Average account balance$71,828
Benefits paid to participants$808,021
Plan auditUnmodified (clean) audit opinion
AuditorADELSON & COMPANY PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 117 accts · $65K emplr
2023$7.9M · 102 accts · $56K emplr
2022$7.0M · 107 accts · $54K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,366
Total administrative$56,366
The Sampco Inc. 401(k) match · 2024
Employer contribution per active participant$270
Median for plans this size$1,313
2024$270 per active participant
2023$259 per active participant
2022$252 per active participant

Sampco 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
COMPASS 360, LLC · Recordkeeping$1,650
LINCOLN NATIONAL CORPORATION · Contract administrator$54,716

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

Recordkeeper by year2
2024COMPASS 360, LLC
2023COMPASS 360 LLC

This plan has changed recordkeepers within these filings. If you left Sampco Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,366 · 0.69%
2023$50,519 · 0.68%
2022$55,835 · 0.69%
Similar plansManufacturing · Massachusetts
Polymer Corporation MA$8.7M · 0.32%
Double E Company, LLC MA$8.6M · 0.21%
Ranor, Inc. MA$8.6M · 0.26%
G & F Industries MA$8.5M · 0.33%
D2G Group, LLC MA$8.4M · 0.46%
Ahead, LLC MA$8.3M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043110392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.