Plan Ledger DOL Form 5500 · updated monthly

Sanden, Inc.401(k)

SANDEN 401K PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Sanden, Inc. reported $222 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,193 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 fell from 0.03% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Kentucky (789th of 871), and 2,924th of 3,341 in other services. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,721,101
Participants with balances113
Active participants98
Employer contributions$116,952
Employee contributions$152,971
Employer contribution per active participant$1,193
Average account balance$15,231
Benefits paid to participants$164,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 113 accts · $117K emplr
2023$1.4M · 110 accts · $102K emplr
2022$1.2M · 115 accts · $94K emplr
The Sanden, Inc. 401(k) match · 2024
Employer contribution per active participant$1,193
Median for plans this size$1,313
2024$1,193 per active participant
2023$1,175 per active participant
2022$1,035 per active participant

Sanden, 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 · 20244
CENTERLINE WEALTH ADVISORS · Investment advisory (plan)$2,351
EMPOWER ADVISORY GROUP, LLC · Investment management$222
RETIREMENT MANAGEMENT SERVICES LLC · Contract administratorindirect 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$222 · 0.01%
2023$18 · 0.00%
2022$430 · 0.03%
Similar plansOther Services · Kentucky
Sitex Corporation KY$5.2M · 1.16%
Aegis Sortation LLC KY$4.0M · 0.06%
Teca, Inc. KY$1.8M
Parc Auto LLC KY$1.5M · 0.04%
Transitions Incorporated KY$963K · 1.29%
Kech Inc KY$692K · 2.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611316269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.