Plan Ledger DOL Form 5500 · updated monthly

Scandinavian Tobacco Group US Holding, Inc.401(k)

SCANDINAVIAN TOBACCO RETIREMENT SAVINGS PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Scandinavian Tobacco Group US Holding, Inc. reported $81,675 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,572 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 0.22% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 404th-largest of 2,266 plans among Virginia employers on file, and the 2,639th of 13,661 in manufacturing. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves; active participation has grown from 617 to 725 since 2022.

Plan summary
Net assets, end of year$64,179,618
Participants with balances980
Active participants725
Employer contributions$3,314,776
Employee contributions$3,097,662
Employer contribution per active participant$4,572
Average account balance$65,489
Benefits paid to participants$6,332,978
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.2M · 980 accts · $3.3M emplr
2023$55.2M · 852 accts · $3.1M emplr
2022$47.0M · 841 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,675
Total administrative$81,675
The Scandinavian Tobacco Group US Holding, Inc. 401(k) match · 2024
Employer contribution per active participant$4,572
Median for plans this size$3,635
2024$4,572 per active participant
2023$4,547 per active participant
2022$4,486 per active participant

Scandinavian Tobacco Group US Holding, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,675

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$81,675 · 0.14%
2023$74,042 · 0.14%
2022$112,920 · 0.22%
Same employer
Similar plansManufacturing · Virginia
Sauer Brands, Inc. VA$68.9M · 0.12%
Sicpa Securink Corporation VA$65.1M · 0.22%
Cooke Seafoods USA VA$64.4M · 0.33%
Busch Consolidated, Inc. VA$62.5M · 0.14%
Cadence, Inc. VA$60.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320310971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.