Plan Ledger DOL Form 5500 · updated monthly

Seyer Industries Incorporated401(k)

SEYER INDUSTRIES INCORPORATED 401K RETIREMENT SAVINGS PLAN · ST PETERS, MO · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Seyer Industries Incorporated reported $1,764 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,703 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 0.007% to 0.006%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 441st-largest of 1,393 plans among Missouri employers on file, and the 4,352nd of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 214 to 276 since 2022.

Plan summary
Net assets, end of year$31,324,287
Participants with balances251
Active participants276
Employer contributions$746,042
Employee contributions$1,377,151
Employer contribution per active participant$2,703
Average account balance$124,798
Benefits paid to participants$2,156,355
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.3M · 251 accts · $746K emplr
2023$27.2M · 246 accts · $638K emplr
2022$24.4M · 241 accts · $590K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,764
Total administrative$1,764
The Seyer Industries Incorporated 401(k) match · 2024
Employer contribution per active participant$2,703
Median for plans this size$2,416
2024$2,703 per active participant
2023$2,727 per active participant
2022$2,757 per active participant

Seyer Industries Incorporated's 2024 employer contribution ran above the $2,416 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,814
SEYER INDUSTRIES · Investment managementindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$1,764 · 0.01%
2023$1,927 · 0.01%
2022$1,900 · 0.01%
Same employer
Similar plansManufacturing · Missouri
G.H. Tool & Mold, LLC MO$32.6M · 0.44%
Dema Engineering Co. MO$32.3M · 0.24%
Modern Litho, Inc. MO$29.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430886139 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.