Plan Ledger DOL Form 5500 · updated monthly

Sanoh America, Inc.401(k)

SANOH AMERICA, INC. SAVINGS PLAN · FINDLAY, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Sanoh America, Inc. reported $38,719 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $966 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 0.16% to 0.09%. 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 701st-largest of 3,295 plans among Ohio employers on file, and the 3,345th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,959,233
Participants with balances630
Active participants1,153
Employer contributions$1,113,626
Employee contributions$2,095,694
Employer contribution per active participant$966
Average account balance$72,951
Benefits paid to participants$5,548,852
Plan auditUnmodified (clean) audit opinion
AuditorKNUEVEN, SCHROEDER & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$46.0M · 630 accts · $1.1M emplr
2023$42.5M · 627 accts · $1.1M emplr
2022$36.8M · 636 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,719
Total administrative$38,719
The Sanoh America, Inc. 401(k) match · 2024
Employer contribution per active participant$966
Median for plans this size$2,416
2024$966 per active participant
2023$898 per active participant
2022$906 per active participant

Sanoh America, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20241
FID INV INST OPS CO · Recordkeeping · Loan processing$38,719

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

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

Administrative cost history3
2024$38,719 · 0.09%
2023$28,496 · 0.07%
2022$63,348 · 0.16%
Same employer
Similar plansManufacturing · Ohio
Osco Industries, Inc. OH$47.4M · 0.15%
Republic Steel OH$47.0M · 0.14%
Majestic Steel USA, Inc. OH$45.8M · 0.24%
Leadec Corp. OH$45.3M · 0.28%
Nifco America Corporation OH$45.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382694169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.