Plan Ledger DOL Form 5500 · updated monthly

Sealing Technologies401(k)

SEALING TECHNOLOGIES INC 401K PROFIT SHARING PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Sealing Technologies reported $61,569 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,097 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 has held roughly steady near 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (901st of 1,671), and 7,403rd of 11,654 in professional & technical services. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,967,680
Participants with balances173
Active participants125
Employer contributions$887,069
Employee contributions$1,266,013
Employer contribution per active participant$7,097
Average account balance$69,177
Benefits paid to participants$1,834,951
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history2
Yearassets · accounts · employer contribution
2024$12.0M · 173 accts · $887K emplr
2023$9.2M · 162 accts · $823K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,858
Investment management$34,711
Total administrative$61,569
The Sealing Technologies 401(k) match · 2024
Employer contribution per active participant$7,097
Median for plans this size$2,416
2024$7,097 per active participant
2023$6,584 per active participant

Sealing Technologies'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 · 20243
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$34,711
ADP, INC. · Loan processing · Recordkeeping$26,858
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, COMMONWEALTH EQUITY SERVICES, INC.
2023ADP, COMMONWEALTH EQUITY SERVICES, INC.

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Administrative cost history2
2024$61,569 · 0.58%
2023$43,338 · 0.57%
Same employer
Similar plansProfessional & Technical Services · Maryland
Absolutecare, LLC MD$12.2M · 1.15%
Esimplicity, Inc MD$12.0M · 0.10%
Saitech Inc. MD$12.0M · 0.01%
Tribalco, LLC MD$11.7M · 0.68%
Rekor Systems, Inc. MD$11.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455364827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.