Plan Ledger DOL Form 5500 · updated monthly

Seda North America Inc.401(k)

SEDA NORTH AMERICA INC. 401(K) PLAN · MOUNT PLEASANT, WI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Seda North America Inc. reported $19,767 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $1,088 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 0.13% to 0.34%. 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 Wisconsin (1,515th of 1,936), and 10,465th of 13,661 in manufacturing. In 2024, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,422,635
Participants with balances160
Active participants215
Employer contributions$233,891
Employee contributions$598,467
Employer contribution per active participant$1,088
Average account balance$40,141
Benefits paid to participants$506,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 160 accts · $234K emplr
2023$5.2M · 154 accts · $175K emplr
2022$4.0M · 147 accts · $145K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,025
Investment management$8,609
Audit (IQPA)$6,133
Total administrative$19,767
The Seda North America Inc. 401(k) match · 2024
Employer contribution per active participant$1,088
Median for plans this size$1,313
2024$1,088 per active participant
2023$769 per active participant
2022$649 per active participant

Seda North America Inc.'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 · 20244
CETERA INVESTMENT ADVISORS LLC · Investment advisory (plan)$8,609
CLIFTONLARSON ALLEN, LLP$6,133
CREATIVE BENEFIT STRATEGIES, INC. · Contract administrator$3,600
CAPITAL GROUP RETIREMENT PLAN SERVI$3,105

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$19,767 · 0.34%
2023$4,835 · 0.11%
2022$5,435 · 0.13%
Same employer
Similar plansManufacturing · Wisconsin
Exodus Global, LLC WI$6.8M · 0.06%
K.G. Stevens, Inc. WI$6.7M · 0.16%
Motis Brands, Inc. WI$6.4M · 0.79%
Ksp Group, Inc. WI$6.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800654768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.