Plan Ledger DOL Form 5500 · updated monthly

Skyline Products, Inc.401(k)

SKYLINE PRODUCTS INC PROFIT SHARING PLAN AND TRUST · COLORADO SPRINGS, CO · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Skyline Products, Inc. reported $44,748 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,017 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 0.57% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Colorado (875th of 1,461), and 9,659th of 13,661 in manufacturing. In 2024, employees put in $3.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,034,088
Participants with balances206
Active participants179
Employer contributions$181,978
Employee contributions$725,714
Employer contribution per active participant$1,017
Average account balance$39,000
Benefits paid to participants$486,829
Plan auditUnmodified (clean) audit opinion
AuditorSTOCKMAN KAST RYAN & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 206 accts · $182K emplr
2023$6.4M · 210 accts · $175K emplr
2022$5.6M · 186 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,748
Total administrative$44,748
The Skyline Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,017
Median for plans this size$1,313
2024$1,017 per active participant
2023$936 per active participant
2022$882 per active participant

Skyline Products, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,748
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$44,748 · 0.62%
2023$31,945 · 0.53%
2022$35,389 · 0.57%
Similar plansManufacturing · Colorado
Arc Group Worldwide, Inc. CO$9.1M · 0.39%
Sequential Biodiesel LLC CO$9.0M · 0.10%
Surfacecycle, Inc. CO$8.1M · 0.43%
Royal Crest Dairy, Inc. CO$7.9M · 0.42%
Scada Products, LLC CO$7.9M · 0.92%
Spyderco, Inc. CO$7.7M · 0.05%
Lightning Emotors, Inc CO$7.5M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840641323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.