Plan Ledger DOL Form 5500 · updated monthly

Slk America Inc.401(k)

SLK AMERICA INC. 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Slk America Inc. reported $28,880 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $2,864 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 0.03% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,200th of 3,295), and 8,670th of 11,654 in professional & technical services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 270 to 320 since 2022.

Plan summary
Net assets, end of year$8,046,510
Participants with balances306
Active participants320
Employer contributions$916,600
Employee contributions$1,780,124
Employer contribution per active participant$2,864
Average account balance$26,296
Benefits paid to participants$1,076,874
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 306 accts · $917K emplr
2023$5.0M · 218 accts · $779K emplr
2022$2.4M · 167 accts · $581K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,880
Total administrative$28,880
The Slk America Inc. 401(k) match · 2024
Employer contribution per active participant$2,864
Median for plans this size$1,313
2024$2,864 per active participant
2023$2,917 per active participant
2022$2,152 per active participant

Slk America Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$28,880 · 0.44%
2023$15,952 · 0.43%
2022$500 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Ohio
The Rdi Corporation OH$8.2M · 0.73%
Mix Talent, LLC OH$8.2M · 1.33%
System Seals, Inc. OH$8.1M · 0.18%
Reimer Law Co. OH$8.1M · 0.10%
Mile Two, LLC OH$8.0M · 0.54%
Enviroscience, Inc. OH$7.9M · 0.45%
Fathom Seo, LLC OH$7.8M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980347939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.