Plan Ledger DOL Form 5500 · updated monthly

Siskin Enterprises, Inc.401(k)

PERMAPLATE 401(K) AND PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Siskin Enterprises, Inc. reported $39,218 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $3,572 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 0.60% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Utah (447th of 848), and the 2,544th of 5,215 in retail trade. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,463,640
Participants with balances183
Active participants155
Employer contributions$553,664
Employee contributions$916,575
Employer contribution per active participant$3,572
Average account balance$57,178
Benefits paid to participants$453,834
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 183 accts · $554K emplr
2023$8.1M · 108 accts · $445K emplr
2022$6.7M · 138 accts · $397K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,218
Total administrative$39,218
The Siskin Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$3,572
Median for plans this size$1,313
2024$3,572 per active participant
2023$3,050 per active participant
2022$2,578 per active participant

Siskin Enterprises, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,889
UNITED 401(K) PLANS INC · Contract administrator$12,921
EMPOWER ADVISORY GROUP, LLC · Investment management$3,075

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$39,218 · 0.42%
2023$24,161 · 0.33%
2022$42,115 · 0.60%
Same employer
Similar plansRetail Trade · Utah
Wittwer, Inc. UT$13.3M · 0.79%
Audio Enhancement, Inc. UT$12.5M · 0.52%
Lee's Marketplace UT$12.1M · 0.56%
Tim Dahle Imports Inc. UT$9.7M · 0.48%
Pw Companies, LLC UT$9.4M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870345206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.