Plan Ledger DOL Form 5500 · updated monthly

Sleep International, LLC401(k)

SLEEP INTERNATIONAL 401K PLAN · TAMMA, FL · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Sleep International, LLC reported $4,769 in plan administrative expenses for 2024: 1.12% of average plan assets, above the peer median. Employer contributions averaged $843 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (3,509th of 3,644), and 13,496th of 13,661 in manufacturing. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$424,615
Participants with balances120
Active participants144
Employer contributions$121,411
Employee contributions$240,804
Employer contribution per active participant$843
Average account balance$3,538
Benefits paid to participants$6,818
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,769
Total administrative$4,769
The Sleep International, LLC 401(k) match · 2024
Employer contribution per active participant$843
Median for plans this size$540

Sleep International, LLC's 2024 employer contribution ran above the $540 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 · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$1,212
JANET A PANEBIANCO CPA PLLC · Contract administrator$500
EMPOWER ADVISORY GROUP, LLC · Investment management$3

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

Administrative cost history1
2024$4,769 · 1.12%
Same employer
Similar plansManufacturing · Florida
Cansortium Holdings, LLC FL$682K · 1.16%
McArthur Next, LLC FL$417K · 6.81%
Parker Services, Inc. FL$416K · 3.16%
Amerikooler, Inc. FL$406K · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452400863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.