Plan Ledger DOL Form 5500 · updated monthly

Sk Siltron Css, LLC401(k)

SK SILTRON CSS RETIREMENT PLAN · BAY CITY, MI · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Sk Siltron Css, LLC reported $23,268 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $7,368 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 0.20% to 0.18%. 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 1,233rd-largest of 2,619 plans among Michigan employers on file, and 6,964th of 13,661 in manufacturing. In 2024, employees put in $1.08 for every $1.00 the employer contributed; active participation has grown from 208 to 265 since 2022.

Plan summary
Net assets, end of year$15,447,695
Participants with balances290
Active participants265
Employer contributions$1,952,598
Employee contributions$2,110,156
Employer contribution per active participant$7,368
Average account balance$53,268
Benefits paid to participants$1,188,883
Plan auditUnmodified (clean) audit opinion
AuditorYEO AND YEO
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 290 accts · $2.0M emplr
2023$10.4M · 247 accts · $1.6M emplr
2022$6.2M · 207 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,368
Audit (IQPA)$3,900
Total administrative$23,268
The Sk Siltron Css, LLC 401(k) match · 2024
Employer contribution per active participant$7,368
Median for plans this size$2,416
2024$7,368 per active participant
2023$6,936 per active participant
2022$5,782 per active participant

Sk Siltron Css, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
MERRILL LYNCH, FENNER AND S · Recordkeepingindirect comp
EMPOWER ADVISORY GROUP, LLC · Investment management$1,027

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$23,268 · 0.18%
2023$13,443 · 0.16%
2022$10,763 · 0.20%
Similar plansManufacturing · Michigan
Pti Engineered Plastics Inc MI$15.6M · 0.08%
Burnette Foods, Inc. MI$15.5M · 0.54%
Depatie Fluid Power Company MI$15.5M · 0.23%
Floracraft, Inc. MI$15.4M · 0.18%
Arvco Container Corporation MI$15.3M · 0.32%
Fiamm Technologies L.L.C. MI$15.3M · 0.23%
Robinson Industries, Inc. MI$15.2M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 843685203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.