Plan Ledger DOL Form 5500 · updated monthly

Sanderson Pipe Corporation401(k)

SANDERSON PIPE CORPORATION 401(K) PLAN · CLARKSVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Sanderson Pipe Corporation reported $93,832 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,358 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 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 636th-largest of 1,496 plans among Tennessee employers on file, and the 6,750th of 13,661 in manufacturing. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,223,375
Participants with balances455
Active participants306
Employer contributions$721,696
Employee contributions$1,263,494
Employer contribution per active participant$2,358
Average account balance$35,656
Benefits paid to participants$866,666
Plan auditUnmodified (clean) audit opinion
AuditorWEINSTEIN SPIRA & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 455 accts · $722K emplr
2023$12.7M · 396 accts · $660K emplr
2022$10.6M · 389 accts · $610K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,093
Investment management$50,739
Total administrative$93,832
The Sanderson Pipe Corporation 401(k) match · 2024
Employer contribution per active participant$2,358
Median for plans this size$2,416
2024$2,358 per active participant
2023$2,452 per active participant
2022$2,028 per active participant

Sanderson Pipe Corporation's 2024 employer contribution ran below the $2,416 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
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$50,739

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$93,832 · 0.65%
2023$80,615 · 0.69%
2022$75,973 · 0.68%
Same employer
Similar plansManufacturing · Tennessee
Mueller Streamline Company TN$17.7M · 0.27%
Viam Manufacturing, Inc. TN$17.0M · 0.47%
Schmiede Corporation TN$16.6M · 0.00%
Aqua-Chem, Inc. TN$16.0M · 0.15%
Copperweld Bimetallics LLC TN$15.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760580663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.