Plan Ledger DOL Form 5500 · updated monthly

Sensidyne, LP401(k)

SENSIDYNE, LP 401(K) PLAN · ST. PETERSBURG, FL · plan year 2023

Reported admin expense ratio · 2023
0.87%

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

Sensidyne, LP reported $69,687 in plan administrative expenses for 2023: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,696 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 0.68% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (1,952nd of 3,644), and 9,430th of 13,661 in manufacturing. In 2023, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,531,336
Participants with balances110
Active participants110
Employer contributions$296,598
Employee contributions$538,996
Employer contribution per active participant$2,696
Average account balance$77,558
Benefits paid to participants$619,794
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 111 accts · $333K emplr
2023$8.5M · 110 accts · $297K emplr
2022$7.5M · 107 accts · $278K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,712
Investment management$57,975
Total administrative$69,687
The Sensidyne, LP 401(k) match · 2023
Employer contribution per active participant$2,696
Median for plans this size$1,308
2024$2,733 per active participant
2023$2,696 per active participant
2022$2,459 per active participant

Sensidyne, LP's 2023 employer contribution ran above the $1,308 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 · 20232
PCS RETIREMENT LLC · Contract administrator · Recordkeeping$11,712
CSENGE ADVISORY GROUP, LLC · Investment management$57,975

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$59,985 · 0.73%
2023$69,687 · 0.87%
2022$56,181 · 0.68%
Similar plansManufacturing · Florida
Harmar Mobility, LLC FL$8.8M · 0.68%
Franklin Foods, Inc. FL$8.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262377605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.