Plan Ledger DOL Form 5500 · updated monthly

Slingshot, LP401(k)

SLINGSHOT 401(K) PLAN · MARION, IN · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Slingshot, LP reported $46,103 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $2,001 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 3 years on file its reported administrative ratio has held roughly steady near 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Indiana (1,076th of 1,562), and 3,369th of 5,215 in retail trade. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,513,815
Participants with balances180
Active participants196
Employer contributions$392,210
Employee contributions$605,194
Employer contribution per active participant$2,001
Average account balance$36,188
Benefits paid to participants$352,766
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 180 accts · $392K emplr
2023$5.1M · 180 accts · $388K emplr
2022$4.1M · 183 accts · $418K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,103
Total administrative$46,103
The Slingshot, LP 401(k) match · 2024
Employer contribution per active participant$2,001
Median for plans this size$1,313
2024$2,001 per active participant
2023$2,230 per active participant
2022$2,199 per active participant

Slingshot, LP's 2024 employer contribution ran above 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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$46,103 · 0.79%
2023$38,706 · 0.84%
2022$30,196 · 0.76%
Same employer
Similar plansRetail Trade · Indiana
Qumpus, Inc. IN$6.7M · 0.52%
The Ridge Company, Inc. IN$6.2M · 0.66%
Gillman, Inc. IN$6.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454045835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.