Plan Ledger DOL Form 5500 · updated monthly

Sky Climber, LLC401(k)

SKY CLIMBER 401(K) PROFIT SHARING & TRUST · DELAWARE, OH · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Sky Climber, LLC reported $130,279 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,278 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 rose from 0.70% to 1.01%. 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 among the smaller plans on file in Ohio (1,679th of 3,295), and 7,443rd of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has shrunk from 372 to 285 since 2022.

Plan summary
Net assets, end of year$13,827,700
Participants with balances552
Active participants285
Employer contributions$649,345
Employee contributions$1,338,572
Employer contribution per active participant$2,278
Average account balance$25,050
Benefits paid to participants$1,763,401
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 552 accts · $649K emplr
2023$12.0M · 712 accts · $668K emplr
2022$10.0M · 1,080 accts · $709K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,279
Total administrative$130,279
The Sky Climber, LLC 401(k) match · 2024
Employer contribution per active participant$2,278
Median for plans this size$2,416
2024$2,278 per active participant
2023$1,471 per active participant
2022$1,906 per active participant

Sky Climber, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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
ASCENSUS LLC · Loan processing · Recordkeepingindirect comp
MERRILL LYNCH · Custodial (securities)$34,922
TRINITY PENSION CONSULTANTS, INC. · Contract administratorindirect comp

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$130,279 · 1.01%
2023$84,063 · 0.76%
2022$79,293 · 0.70%
Same employer
Similar plansManufacturing · Ohio
Aps Holding Company, Inc. OH$14.0M · 1.02%
Hinkley Lighting, Inc. OH$14.0M · 0.49%
Ctm Integration, Inc. OH$13.9M · 0.09%
Bil-Jac Foods, Inc. OH$13.9M · 0.34%
Bil-Jax, Inc. OH$13.7M · 0.82%
Chrome Deposit Corporation OH$13.6M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 342027204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.