Plan Ledger DOL Form 5500 · updated monthly

Skidmore Sales & Distributing Co., Inc.401(k)

SKIDMORE SALES & DISTRIBUTING CO., INC. RESTATED 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Skidmore Sales & Distributing Co., Inc. reported $4,955 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,972 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 603rd-largest of 3,295 plans among Ohio employers on file, and the 724th of 4,246 in wholesale trade. In 2024, the employer put in $1.53 for every $1.00 employees contributed themselves; active participation has grown from 239 to 265 since 2022.

Plan summary
Net assets, end of year$55,852,190
Participants with balances348
Active participants265
Employer contributions$2,907,486
Employee contributions$1,904,286
Employer contribution per active participant$10,972
Average account balance$160,495
Benefits paid to participants$8,671,002
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$55.9M · 348 accts · $2.9M emplr
2023$52.1M · 325 accts · $2.7M emplr
2022$42.8M · 291 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,955
Total administrative$4,955
The Skidmore Sales & Distributing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$10,972
Median for plans this size$3,635
2024$10,972 per active participant
2023$10,810 per active participant
2022$10,077 per active participant

Skidmore Sales & Distributing Co., Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$78,021

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$4,955 · 0.01%
2023$6,522 · 0.01%
2022$6,866 · 0.02%
Same employer
Similar plansWholesale Trade · Ohio
Wmk Inc OH$62.0M · 0.34%
Onpoint Group, LLC OH$60.4M · 0.42%
Pepperl Fuchs, Inc. OH$56.2M · 0.17%
Soprema, Inc. OH$54.2M · 0.10%
Setex, Inc. OH$52.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310796589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.