Plan Ledger DOL Form 5500 · updated monthly

Signature Brands, LLC401(k)

SIGNATURE BRANDS, LLC 401(K) SAVINGS PLAN · OCALA, FL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Signature Brands, LLC reported $21,561 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,135 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 0.10% to 0.07%. 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 801st-largest of 3,644 plans among Florida employers on file, and the 4,415th of 13,661 in manufacturing. In 2024, employees put in $3.49 for every $1.00 the employer contributed; active participation has shrunk from 476 to 380 since 2022.

Plan summary
Net assets, end of year$30,676,117
Participants with balances471
Active participants380
Employer contributions$431,222
Employee contributions$1,504,190
Employer contribution per active participant$1,135
Average account balance$65,130
Benefits paid to participants$3,329,260
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 471 accts · $431K emplr
2023$27.4M · 570 accts · $477K emplr
2022$22.7M · 615 accts · $497K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,940
Investment management$6,621
Total administrative$21,561
The Signature Brands, LLC 401(k) match · 2024
Employer contribution per active participant$1,135
Median for plans this size$2,416
2024$1,135 per active participant
2023$1,114 per active participant
2022$1,044 per active participant

Signature Brands, LLC'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
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$14,972
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,621

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$21,561 · 0.07%
2023$24,377 · 0.10%
2022$25,411 · 0.10%
Same employer
Similar plansManufacturing · Florida
Prolifics, Inc. FL$32.0M · 0.14%
Sunniland Corporation FL$31.9M · 0.13%
Stenner Pump Company, Inc. FL$31.8M · 0.00%
Monin, Inc. FL$29.8M · 0.03%
Oxbow Calcining LLC FL$29.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593359107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.