Plan Ledger DOL Form 5500 · updated monthly

Sdi Stores, LLC401(k)

SDI STORES, LLC 401(K) PLAN · MERIDEN, CT · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Sdi Stores, LLC reported $159,052 in plan administrative expenses for 2023: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $275 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 rose from 0.45% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 381st-largest of 1,106 plans among Connecticut employers on file, and the 911th of 5,215 in retail trade. In 2023, employees put in $4.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,642,086
Participants with balances652
Active participants595
Employer contributions$163,639
Employee contributions$714,607
Employer contribution per active participant$275
Average account balance$53,132
Benefits paid to participants$2,492,636
Plan auditUnmodified (clean) audit opinion
AuditorBERRY DUNN MCNEIL & PARKER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · 406 accts
2023$34.6M · 652 accts · $164K emplr
2022$30.9M · 567 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$96,341
Investment management$47,511
Audit (IQPA)$15,200
Total administrative$159,052
The Sdi Stores, LLC 401(k) match · 2023
Employer contribution per active participant$275
Median for plans this size$2,440

Sdi Stores, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$96,515
MERCER INVESTMENTS LLC · Investment advisory (plan)$47,512
BERRY, DUNN, MCNEIL & PARKER LLC · Accounting / audit$15,200

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$177,855 · 0.60%
2023$159,052 · 0.48%
2022$162,123 · 0.45%
Similar plansRetail Trade · Connecticut
Ed Mitchell, Inc. CT$77.0M · 0.29%
Colony Hardware Corp. CT$63.9M · 0.32%
Prrc, Inc. CT$31.9M · 0.11%
Santa Fuel, Inc. CT$30.0M · 0.12%
Hoffman Enterprises CT$29.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821264751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.