Plan Ledger DOL Form 5500 · updated monthly

Samsill Corporation401(k)

SAMSILL CORPORATION EMPLOYEE 401(K) PLAN · FORT WORTH, TX · plan year 2022

Reported admin expense ratio · 2022
1.34%

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

Samsill Corporation reported $28,931 in plan administrative expenses for 2022: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio fell from 1.34% to 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (5,006th of 5,688), and 12,938th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,750,766
Participants with balances117
Active participants73
Employer contributions$0
Employee contributions$48,964
Employer contribution per active participant$0
Average account balance$14,964
Benefits paid to participants$653,849
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, STONE & COMPANY, L.L.P.
Plan history2
Yearassets · accounts · employer contribution
2023$1.2M · 91 accts
2022$1.8M · 117 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$28,931
Total administrative$28,931
The Samsill Corporation 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Samsill Corporation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$16,630 · 1.12%
2022$28,931 · 1.34%
Similar plansManufacturing · Texas
Rus Industrial, LLC TX$1.8M · 0.41%
Microvast Inc TX$1.8M · 0.52%
S & S Industries Inc TX$1.7M · 0.59%
Kitu Life Inc TX$1.7M · 0.32%
Wine Retriever LLC TX$1.7M · 0.14%
Allied Equipment, Inc. TX$1.6M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751313873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.