Plan Ledger DOL Form 5500 · updated monthly

Select Sires, Inc.401(k)

SELECT SIRES, INC. 401(K) PLAN · PLAIN CITY, OH · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Select Sires, Inc. reported $85,577 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,714 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 0.26% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 843rd-largest of 3,295 plans among Ohio employers on file, and the 130th of 945 in agriculture, forestry & fishing. In 2023, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$36,532,583
Participants with balances373
Active participants320
Employer contributions$1,508,623
Employee contributions$1,183,028
Employer contribution per active participant$4,714
Average account balance$97,943
Benefits paid to participants$3,343,936
Plan auditUnmodified (clean) audit opinion
AuditorBHM CPA GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 316 accts · $1.4M emplr
2023$36.5M · 373 accts · $1.5M emplr
2022$32.1M · 354 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,809
Investment management$25,000
Trustee / custodial$16,644
Total administrative$85,577
The Select Sires, Inc. 401(k) match · 2023
Employer contribution per active participant$4,714
Median for plans this size$2,440
2024$4,243 per active participant
2023$4,714 per active participant
2022$4,489 per active participant

Select Sires, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
MILLIMAN, INC. · Recordkeeping · Loan processing$42,809
MORGAN STANLEY SMITH BARNEY · Investment advisory (plan)$25,000
MATRIX TRUST · Custodial (securities) · Trustee (directed)$16,644
ESLER & VANDERSCHAFF · Legal · Insurance services$1,124

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$100,859 · 0.29%
2023$85,577 · 0.25%
2022$92,358 · 0.26%
Same employer
Similar plansAgriculture, Forestry & Fishing · Ohio
Cooper Hatchery, Inc. OH$129.9M · 0.28%
Bfg Supply Co., LLC OH$40.9M · 0.46%
Green Circle Growers, Inc. OH$37.1M · 0.44%
Oakland Nursery, Inc. OH$27.4M · 0.01%
Lanco, Inc. OH$25.0M · 0.25%
Koenig Equipment, Inc. OH$20.3M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310717091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.