Plan Ledger DOL Form 5500 · updated monthly

Schrader Bridgeport International, Inc.401(k)

SCHRADER BRIDGEPORT INTERNATIONAL, INC. 401(K) PLAN · ALTAVISTA, VA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Schrader Bridgeport International, Inc. reported $5,325 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,670 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 0.03% to 0.02%. 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 896th-largest of 2,266 plans among Virginia employers on file, and the 5,389th of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,207,334
Participants with balances185
Active participants169
Employer contributions$451,204
Employee contributions$930,565
Employer contribution per active participant$2,670
Average account balance$125,445
Benefits paid to participants$3,122,206
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 185 accts · $451K emplr
2023$22.4M · 195 accts · $454K emplr
2022$19.3M · 199 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,706
Investment management$619
Total administrative$5,325
The Schrader Bridgeport International, Inc. 401(k) match · 2024
Employer contribution per active participant$2,670
Median for plans this size$2,416
2024$2,670 per active participant
2023$2,579 per active participant
2022$2,563 per active participant

Schrader Bridgeport International, Inc.'s 2024 employer contribution ran above the $2,416 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$5,325
CHARLES SCHWAB & CO., INC. · Securities brokerage$151

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$5,325 · 0.02%
2023$5,543 · 0.03%
2022$5,619 · 0.03%
Same employer
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Virginia Panel Corporation VA$25.6M · 0.44%
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Starkist Co. VA$24.6M · 0.01%
Universal Fibers, Inc. VA$24.2M · 0.49%
American Gfm Corporation VA$23.0M · 0.02%
Davis, Carter, Scott LTD. VA$22.1M · 0.36%
Hanwha Azdel, Inc. VA$21.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953959558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.