Plan Ledger DOL Form 5500 · updated monthly

Sds Industries, Inc. D/B/A Timel401(k)

TIMELY INDUSTRIES 401(K) PLAN · PACOIMA, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Sds Industries, Inc. D/B/A Timel reported $19,356 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $867 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 0.25% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,752nd of 9,483), and 9,258th of 13,661 in manufacturing. In 2024, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,940,910
Participants with balances115
Active participants146
Employer contributions$126,554
Employee contributions$409,192
Employer contribution per active participant$867
Average account balance$77,747
Benefits paid to participants$280,931
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 115 accts · $127K emplr
2023$7.8M · 108 accts · $126K emplr
2022$6.7M · 108 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,346
Investment management$15,010
Total administrative$19,356
The Sds Industries, Inc. D/B/A Timel 401(k) match · 2024
Employer contribution per active participant$867
Median for plans this size$1,313
2024$867 per active participant
2023$870 per active participant
2022$799 per active participant

Sds Industries, Inc. D/B/A Timel's 2024 employer contribution ran below the $1,313 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 · 20243
RBC · Recordkeeping · Trustee$15,010
ADP, INC. · Loan processing · Recordkeeping$4,346
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, RBC
2023ADP, RBC

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

Administrative cost history3
2024$19,356 · 0.23%
2023$17,862 · 0.25%
2022$18,355 · 0.25%
Same employer
Similar plansManufacturing · California
Rocket Lab USA Inc. CA$9.0M · 0.78%
Khuu's Inc. CA$9.0M · 0.01%
Health-Ade LLC CA$9.0M · 0.59%
Goldencorr Sheets, LLC CA$9.0M · 0.37%
Rocket Ems, Inc. CA$8.9M · 0.02%
Lambda, Inc. CA$8.9M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952876401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.