Plan Ledger DOL Form 5500 · updated monthly

Sfs Group USA, Inc.401(k)

SFS GROUP USA 401(K) PLAN · WYOMISSING, PA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Sfs Group USA, Inc. reported $120,844 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,046 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 0.21% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 435th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,730th of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$113,758,354
Participants with balances1,954
Active participants1,561
Employer contributions$3,194,321
Employee contributions$6,486,895
Employer contribution per active participant$2,046
Average account balance$58,218
Benefits paid to participants$15,788,192
Plan auditUnmodified (clean) audit opinion
AuditorHERBEIN AND COMPANY, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$113.8M · 1,954 accts · $3.2M emplr
2023$106.6M · 1,879 accts · $3.0M emplr
2022$95.6M · 1,816 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,844
Total administrative$120,844
The Sfs Group USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,046
Median for plans this size$3,635
2024$2,046 per active participant
2023$2,048 per active participant
2022$2,251 per active participant

Sfs Group USA, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$120,844

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$120,844 · 0.11%
2023$121,174 · 0.12%
2022$185,574 · 0.21%
Same employer
Similar plansManufacturing · Pennsylvania
C&D Technologies, Inc. PA$118.5M · 0.20%
Oberg Industries, LLC PA$116.2M · 0.13%
C. F. Martin & Co., Inc. PA$115.0M · 0.21%
United Biosource LLC PA$108.2M · 0.07%
New Pig Corporation PA$106.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232332520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.