Plan Ledger DOL Form 5500 · updated monthly

Sandenvendo America, Inc.401(k)

THE SANDENVENDO AMERICA, INC. EMPLOYEES RETIREMENT PLAN AND TRUST · DALLAS, TX · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

Sandenvendo America, Inc. reported $4,475 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,090 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 rose from 0.03% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (3,209th of 5,688), and 9,207th of 13,661 in manufacturing. In 2023, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,051,404
Participants with balances97
Active participants104
Employer contributions$113,378
Employee contributions$333,400
Employer contribution per active participant$1,090
Average account balance$93,313
Benefits paid to participants$815,132
Plan auditUnmodified (clean) audit opinion
AuditorHUSELTON, MORGAN & MAULTSBY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$9.1M · 97 accts · $113K emplr
2022$8.0M · 103 accts · $119K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,251
Investment management$2,224
Total administrative$4,475
The Sandenvendo America, Inc. 401(k) match · 2023
Employer contribution per active participant$1,090
Median for plans this size$1,308
2023$1,090 per active participant
2022$1,021 per active participant

Sandenvendo America, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,251

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

Administrative cost history2
2023$4,475 · 0.05%
2022$2,781 · 0.03%
Same employer
Similar plansManufacturing · Texas
Walton Signage, LTD. TX$9.3M · 0.58%
Ward Timber, LTD TX$9.2M · 0.14%
Packless Industries TX$9.1M · 0.42%
Staley Steele LLC TX$9.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202479362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.