Plan Ledger DOL Form 5500 · updated monthly

Seal and Design, Inc.401(k)

SEAL & DESIGN, INC. 401(K) PROFIT SHARING PLAN · CLARENCE, NY · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Seal and Design, Inc. reported $43,160 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $4,478 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 has held roughly steady near 0.180%. 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 2,160th-largest of 5,648 plans among New York employers on file, and the 5,020th of 13,661 in manufacturing. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves; active participation has grown from 118 to 201 since 2022.

Plan summary
Net assets, end of year$25,763,668
Participants with balances207
Active participants201
Employer contributions$900,000
Employee contributions$719,490
Employer contribution per active participant$4,478
Average account balance$124,462
Benefits paid to participants$1,766,918
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.8M · 207 accts · $900K emplr
2023$22.1M · 202 accts · $850K emplr
2022$18.3M · 156 accts · $745K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,679
Investment management$4,481
Total administrative$43,160
The Seal and Design, Inc. 401(k) match · 2024
Employer contribution per active participant$4,478
Median for plans this size$2,416
2024$4,478 per active participant
2023$4,497 per active participant
2022$6,314 per active participant

Seal and Design, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
BURKE GROUP · Participant communication$38,679
CLEAR WEALTH MANAGEMENT · Investment advisory (plan)$4,481

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$43,160 · 0.18%
2023$28,613 · 0.14%
2022$34,825 · 0.18%
Same employer
Similar plansManufacturing · New York
Air Techniques, Inc. NY$26.4M · 0.23%
Buffalo Games LLC NY$26.0M · 0.28%
Ecr International, Inc. NY$25.8M · 0.36%
Century Mold Co., Inc. NY$25.6M · 0.50%
Raulli and Sons, Inc. NY$25.6M · 0.07%
Crosman Corporation NY$25.5M · 0.47%
Diamond Packaging, Inc. NY$25.1M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 161340721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.