Plan Ledger DOL Form 5500 · updated monthly

Sigmatron International, Inc.401(k)

SIGMATRON INTERNATIONAL, INC 401(K) RETIREMENT SAVINGS PLAN · ELK GROVE VILLAGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Sigmatron International, Inc. reported $20,544 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $503 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 has held roughly steady near 0.072%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,352nd-largest of 3,702 plans among Illinois employers on file, and the 4,619th of 13,661 in manufacturing. In 2024, employees put in $8.79 for every $1.00 the employer contributed; active participation has shrunk from 536 to 381 since 2022.

Plan summary
Net assets, end of year$28,841,230
Participants with balances373
Active participants381
Employer contributions$191,471
Employee contributions$1,682,958
Employer contribution per active participant$503
Average account balance$77,322
Benefits paid to participants$3,316,764
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 373 accts · $191K emplr
2023$28.1M · 426 accts · $219K emplr
2022$27.1M · 456 accts · $230K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,775
Audit (IQPA)$18,769
Total administrative$20,544
The Sigmatron International, Inc. 401(k) match · 2024
Employer contribution per active participant$503
Median for plans this size$2,416
2024$503 per active participant
2023$457 per active participant
2022$430 per active participant

Sigmatron International, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
FORVIS MAZARS, LLP · Accounting / audit$18,769

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$20,544 · 0.07%
2023$20,398 · 0.07%
2022Not separately reported
Same employer
Similar plansManufacturing · Illinois
Darwill, Inc. IL$29.0M · 0.37%
Hormann LLC IL$29.0M · 0.36%
Magneco/Metrel, Inc IL$28.9M · 0.03%
Finzer Roller, Inc IL$28.8M · 0.08%
The Morey Corporation IL$28.7M · 0.36%
Stahl (USA) Inc. IL$28.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363918470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.