Plan Ledger DOL Form 5500 · updated monthly

Sicpa Securink Corporation401(k)

SICPA SECURINK CORPORATION PRE-TAX SAVINGS AND RETIREMENT PLAN · SPRINGFIELD, VA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Sicpa Securink Corporation reported $135,000 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $13,635 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 0.22%. 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 398th-largest of 2,266 plans among Virginia employers on file, and the 2,600th of 13,661 in manufacturing. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$65,095,512
Participants with balances264
Active participants180
Employer contributions$2,454,380
Employee contributions$1,827,807
Employer contribution per active participant$13,635
Average account balance$246,574
Benefits paid to participants$3,134,250
Plan auditUnmodified (clean) audit opinion
AuditorKAISER SCHERER & SCHLEGEL PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$65.1M · 264 accts · $2.5M emplr
2023$55.6M · 259 accts · $857K emplr
2022$49.4M · 257 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,000
Investment management$69,000
Total administrative$135,000
The Sicpa Securink Corporation 401(k) match · 2024
Employer contribution per active participant$13,635
Median for plans this size$3,635
2024$13,635 per active participant
2023$4,560 per active participant
2022$7,992 per active participant

Sicpa Securink Corporation's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$65,950
MORGAN STANLEY GLOBAL · Investment management$69,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$89

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$135,000 · 0.22%
2023$117,653 · 0.22%
2022$123,750 · 0.23%
Same employer
Similar plansManufacturing · Virginia
Swisslog Logistics, Inc VA$69.4M · 0.16%
Sauer Brands, Inc. VA$68.9M · 0.12%
Cooke Seafoods USA VA$64.4M · 0.33%
Busch Consolidated, Inc. VA$62.5M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521601594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.