Plan Ledger DOL Form 5500 · updated monthly

Senator International Inc., dba Allermuir401(k)

SENATOR INTERNATIONAL INC. 401(K) PLAN · MAUMEE, OH · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Senator International Inc., dba Allermuir reported $31,711 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $2,095 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 0.92% to 0.80%. 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 Ohio (2,670th of 3,295), and 11,676th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 100 to 117 since 2022.

Plan summary
Net assets, end of year$4,113,871
Participants with balances121
Active participants117
Employer contributions$245,063
Employee contributions$459,901
Employer contribution per active participant$2,095
Average account balance$33,999
Benefits paid to participants$924,466
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 121 accts · $245K emplr
2023$3.8M · 144 accts · $231K emplr
2022$2.6M · 110 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,876
Investment management$15,075
Total administrative$31,711
The Senator International Inc., dba Allermuir 401(k) match · 2024
Employer contribution per active participant$2,095
Median for plans this size$1,313
2024$2,095 per active participant
2023$2,063 per active participant
2022$2,087 per active participant

Senator International Inc., dba Allermuir's 2024 employer contribution ran above 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
OSAIC WEALTH, INC. · Investment advisory (plan)$15,075
CAPITAL GROUP RETIREMENT PLAN SERVI$14,476
PENSION INNOVATIONS& CONSULTING · Contract administrator$2,160

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$31,711 · 0.80%
2023$27,603 · 0.85%
2022$23,524 · 0.92%
Same employer
Similar plansManufacturing · Ohio
Hynes Industries, Inc. OH$4.3M · 0.35%
Polymer Packaging, Inc. OH$4.2M · 0.08%
Maval Industries, LLC OH$4.0M · 0.39%
Third Dimension, Inc. OH$4.0M · 0.05%
Miba Bearings US LLC OH$4.0M · 0.21%
Tae Brakes, LLC OH$4.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208744510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.