Plan Ledger DOL Form 5500 · updated monthly

Sensor Enterprises, Inc.401(k)

SENSOR ENTERPRISES, INC. 401(K) PLAN · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Sensor Enterprises, Inc. reported $60,970 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $649 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 1.00% to 1.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in South Carolina (539th of 807), and the 790th of 2,240 in accommodation & food services. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,088,322
Participants with balances122
Active participants305
Employer contributions$197,882
Employee contributions$303,977
Employer contribution per active participant$649
Average account balance$49,904
Benefits paid to participants$359,095
Plan auditUnmodified (clean) audit opinion
AuditorBATES, CARTER & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 122 accts · $198K emplr
2023$5.3M · 143 accts · $178K emplr
2022$4.3M · 173 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,766
Investment management$11,204
Total administrative$60,970
The Sensor Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$649
Median for plans this size$1,313
2024$649 per active participant
2023$545 per active participant
2022$663 per active participant

Sensor Enterprises, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20242
MERRILL LYNCH · Investment advisory (participants)$11,204

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$60,970 · 1.07%
2023$49,050 · 1.02%
2022$45,811 · 1.00%
Similar plansAccommodation & Food Services · South Carolina
Orr Company Inc. SC$7.6M · 0.00%
Ch Employees, LLC SC$5.4M · 1.31%
Cmac, Inc. SC$3.4M · 1.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582359268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.