Plan Ledger DOL Form 5500 · updated monthly

Sandy Pine Systems, Inc.401(k)

SANDY PINE SYSTEMS, INC. 401(K) PLAN · COLUMBUS, NE · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Sandy Pine Systems, Inc. reported $59,328 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,605 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 rose from 0.34% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Nebraska (456th of 565), and 622nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,486,732
Participants with balances121
Active participants178
Employer contributions$285,774
Employee contributions$548,952
Employer contribution per active participant$1,605
Average account balance$45,345
Benefits paid to participants$575,066
Plan auditUnmodified (clean) audit opinion
AuditorHBE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 121 accts · $286K emplr
2023$4.6M · 123 accts · $263K emplr
2022$3.6M · 107 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,854
Investment management$2,579
Total administrative$59,328
The Sandy Pine Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,605
Median for plans this size$1,313
2024$1,605 per active participant
2023$1,300 per active participant
2022$1,234 per active participant

Sandy Pine Systems, Inc.'s 2024 employer contribution ran above 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 · 20242
JOHN HANCOCK USA · Recordkeeping$1,750
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$2,579

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,328 · 1.18%
2023$46,654 · 1.15%
2022$13,041 · 0.34%
Same employer
Similar plansAgriculture, Forestry & Fishing · Nebraska
Danielski Farms, Inc. NE$7.0M · 0.65%
Danielski Farms, Inc. NE$6.3M · 0.88%
Agp Grain Marketing, LLC NE$6.1M · 0.18%
Dinklage Feed Yard, Inc. NE$3.9M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262886260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.