Plan Ledger DOL Form 5500 · updated monthly

Setex, Inc.401(k)

SETEX, INC. TAX DEFERRED SAVINGS PLAN AND TRUST · SAINT MARYS, OH · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Setex, Inc. reported $90,223 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,982 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 3 years on file its reported administrative ratio has held roughly steady near 0.172%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 636th-largest of 3,295 plans among Ohio employers on file, and the 781st of 4,246 in wholesale trade. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,494,152
Participants with balances438
Active participants354
Employer contributions$1,055,668
Employee contributions$1,734,595
Employer contribution per active participant$2,982
Average account balance$119,850
Benefits paid to participants$5,432,122
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.5M · 438 accts · $1.1M emplr
2023$52.4M · 482 accts · $1.2M emplr
2022$48.3M · 470 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,164
Investment management$51,059
Total administrative$90,223
The Setex, Inc. 401(k) match · 2024
Employer contribution per active participant$2,982
Median for plans this size$3,635
2024$2,982 per active participant
2023$3,144 per active participant
2022$3,219 per active participant

Setex, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
EVERHART FINANCIAL GROUP INC · Investment advisory (plan)$51,059
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,164

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$90,223 · 0.17%
2023$77,243 · 0.15%
2022$84,966 · 0.17%
Same employer
Similar plansWholesale Trade · Ohio
Soprema, Inc. OH$54.2M · 0.10%
St International, Inc. OH$48.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341570556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.