Plan Ledger DOL Form 5500 · updated monthly

Siegfried (USA), LLC401(k)

SIEGFRIED USA, LLC. PROFIT SHARING/401(K) SAVINGS PLAN · PENNSVILLE, NJ · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Siegfried (USA), LLC reported $18,576 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,312 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 1 year on file its reported administrative ratio rose from 0.01% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 866th-largest of 2,419 plans among New Jersey employers on file, and the 4,744th of 13,661 in manufacturing. In 2023, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,943,066
Participants with balances132
Active participants91
Employer contributions$574,353
Employee contributions$971,927
Employer contribution per active participant$6,312
Average account balance$211,690
Benefits paid to participants$1,686,533
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$27.9M · 132 accts · $574K emplr
2022$23.8M · 138 accts · $435K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,393
Investment management$1,183
Total administrative$18,576
The Siegfried (USA), LLC 401(k) match · 2023
Employer contribution per active participant$6,312
Median for plans this size$2,440
2023$6,312 per active participant
2022$4,441 per active participant

Siegfried (USA), LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,393

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

Administrative cost history2
2023$18,576 · 0.07%
2022$2,626 · 0.01%
Similar plansManufacturing · New Jersey
Upfield US Inc NJ$28.6M · 0.32%
Amarin Pharma Inc. NJ$28.5M · 0.41%
Asbury Carbons, Inc. NJ$28.1M · 0.25%
E.T. Browne Drug Co., Inc NJ$27.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131639745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.