Plan Ledger DOL Form 5500 · updated monthly

Schneider Mills, Inc401(k)

SCHNEIDER MILLS EMPLOYEES' TRUST · TAYLORSVILLE, NC · plan year 2025

Reported admin expense ratio · 2025
0.47%

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

Schneider Mills, Inc reported $80,970 in plan administrative expenses for 2025: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $829 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 3 years on file its reported administrative ratio rose from 0.45% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 789th-largest of 2,005 plans among North Carolina employers on file, and the 6,452nd of 13,661 in manufacturing. In 2025, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,514,155
Participants with balances379
Active participants362
Employer contributions$300,000
Employee contributions$616,698
Employer contribution per active participant$829
Average account balance$46,211
Benefits paid to participants$2,351,845
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON&COMPANY, L.L.P.
Plan history4
Yearassets · accounts · employer contribution
2025$17.5M · 379 accts · $300K emplr
2024$17.0M · 342 accts · $300K emplr
2023$14.8M · 351 accts · $300K emplr
2022$13.6M · 338 accts · $300K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$48,053
Investment management$32,917
Total administrative$80,970
The Schneider Mills, Inc 401(k) match · 2025
Employer contribution per active participant$829
Median for plans this size$2,666
2025$829 per active participant
2024$898 per active participant
2023$847 per active participant
2022$840 per active participant

Schneider Mills, Inc's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
ASCENSUS LLC · Loan processing · Recordkeeping$48,053
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$32,917

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

Recordkeeper by year3
2025Ascensus
2024Ascensus
2023Ascensus

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

Administrative cost history4
2025$80,970 · 0.47%
2024$68,431 · 0.43%
2023$69,616 · 0.49%
2022$66,674 · 0.45%
Same employer
Similar plansManufacturing · North Carolina
Air Power, Inc. NC$18.9M · 0.39%
Tera Recon, Inc. NC$18.6M · 0.38%
Greenleaves Capital, LLC NC$17.1M · 0.32%
The Mitchell Gold Co. NC$17.1M · 0.55%
Jowat Corporation NC$16.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561577874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.