Plan Ledger DOL Form 5500 · updated monthly

Sid Harvey Industries, Inc.401(k)

SID HARVEY INDUSTRIES' 401(K) SAVINGS AND PROFIT SHARING PLAN · GARDEN CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Sid Harvey Industries, Inc. reported $9,142 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,061 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 0.00% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,384th-largest of 5,648 plans among New York employers on file, and the 841st of 4,246 in wholesale trade. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has grown from 426 to 600 since 2022.

Plan summary
Net assets, end of year$48,969,665
Participants with balances684
Active participants600
Employer contributions$1,836,606
Employee contributions$1,784,297
Employer contribution per active participant$3,061
Average account balance$71,593
Benefits paid to participants$4,724,120
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI & O'CONNOLL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$49.0M · 684 accts · $1.8M emplr
2023$44.2M · 600 accts · $1.9M emplr
2022$40.2M · 544 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,773
Total administrative$9,142
The Sid Harvey Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$3,061
Median for plans this size$2,416
2024$3,061 per active participant
2023$3,130 per active participant
2022$5,346 per active participant

Sid Harvey Industries, Inc.'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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$2,773
ENVESTNET RETIREMENT SOLUTIONS LLC · Consulting$6,369

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$9,142 · 0.02%
2023$2,414 · 0.01%
2022$1,636 · 0.00%
Same employer
Similar plansWholesale Trade · New York
Gbg USA Inc. NY$59.7M · 0.41%
McGard LLC NY$58.9M · 0.08%
Trammo, Inc NY$57.1M · 0.01%
Kiss Nail Products, Inc. NY$56.7M · 0.40%
Empire Merchants North, LLC NY$48.5M · 0.20%
Gould Paper Corporation NY$48.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112233773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.