Plan Ledger DOL Form 5500 · updated monthly

Sandusky International Inc401(k)

SANDUSKY INTERNATIONAL INC. PROFIT SHARING AND 401(K) RETIREMENT PLAN · SANDUSKY, OH · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Sandusky International Inc reported $18,116 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,467 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 0.12% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,723rd of 3,295), and 7,633rd of 13,661 in manufacturing. In 2022, employees put in $4.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,246,257
Participants with balances105
Active participants65
Employer contributions$95,359
Employee contributions$397,091
Employer contribution per active participant$1,467
Average account balance$126,155
Benefits paid to participants$2,489,050
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2023$12.9M · 95 accts · $119K emplr
2022$13.2M · 105 accts · $95K emplr
The Sandusky International Inc 401(k) match · 2022
Employer contribution per active participant$1,467
Median for plans this size$2,266
2023$1,853 per active participant
2022$1,467 per active participant

Sandusky International Inc's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$12,603 · 0.10%
2022$18,116 · 0.12%
Similar plansManufacturing · Ohio
Mp Biomedicals, Inc. OH$13.3M · 0.52%
Jr Manufacturing, Inc. OH$13.3M · 0.04%
Repacorp, Inc. OH$13.3M · 0.01%
Star Manufacturing, LLC OH$13.2M · 0.51%
Crawford United 401(K) Plan OH$13.1M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344346430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.