Plan Ledger DOL Form 5500 · updated monthly

Satispie Manufacturing IncProfit-sharing plan

SATISPIE LLC 401(K) PLAN · ROCHESTER, NY · plan year 2023

Reported admin expense ratio · 2023
2.21%

Satispie Manufacturing Inc reported $9,803 in plan administrative expenses for 2023: 2.21% of average plan assets, above the peer median. 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 has held roughly steady near 2.21%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (5,452nd of 5,648), and 13,467th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$492,333
Participants with balances356
Active participants121
Employer contributions—
Employee contributions$220,226
Employer contribution per active participant—
Average account balance$1,383
Benefits paid to participants$209,563
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$492K · 356 accts
2022$395K · 310 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,721
Investment management$2,082
Total administrative$9,803
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 · 20232
ADP, INC. · Loan processing · Recordkeeping$7,720
ADP BROKER-DEALER · Other servicesindirect comp

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$9,803 · 2.21%
2022$7,588 · 2.32%
Similar plansManufacturing · New York
C&C Fp Holdings, LLC NY$738K · 2.45%
Viele Manufacturing Corp. NY$481K · 1.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260679700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.