Plan Ledger DOL Form 5500 · updated monthly

Seymour Midwest LLC401(k)

SEYMOUR-MIDWEST RETIREMENT PLAN · WARSAW, IN · plan year 2024

Reported admin expense ratio · 2024
0.98%

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

Seymour Midwest LLC reported $36,157 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~75% of peers. Employer contributions averaged $715 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 0.90% to 0.98%. 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 Indiana (1,254th of 1,562), and 11,781st of 13,661 in manufacturing. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has shrunk from 132 to 105 since 2022.

Plan summary
Net assets, end of year$3,919,618
Participants with balances107
Active participants105
Employer contributions$75,037
Employee contributions$163,371
Employer contribution per active participant$715
Average account balance$36,632
Benefits paid to participants$230,038
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 107 accts · $75K emplr
2023$3.5M · 112 accts · $80K emplr
2022$2.9M · 119 accts · $77K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,297
Investment management$20,291
Trustee / custodial$569
Total administrative$36,157
The Seymour Midwest LLC 401(k) match · 2024
Employer contribution per active participant$715
Median for plans this size$1,313
2024$715 per active participant
2023$664 per active participant
2022$583 per active participant

Seymour Midwest LLC's 2024 employer contribution ran below 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 · 20242
KT ADMINISTRATORS LLC · Recordkeeping · Pension consulting$14,729
SYM FINANCIAL CORPORATION · Investment advisory (participants) · Investment advisory (plan)$20,291

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

Recordkeeper by year2
2024KT ADMINISTRATORS LLC
2023RIVERSEDGE ADV RET SOLUTIONS LLC

This plan has changed recordkeepers within these filings. If you left Seymour Midwest LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,157 · 0.98%
2023$26,194 · 0.83%
2022$27,283 · 0.90%
Same employer
Similar plansManufacturing · Indiana
Lofted Products LLC IN$4.1M · 0.65%
Hisada America, Inc. IN$4.1M · 0.54%
Eti LLC IN$3.9M · 0.58%
Five Star Sheets LLC IN$3.9M · 0.25%
Saturn Petcare Inc IN$3.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351986598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.