Plan Ledger DOL Form 5500 · updated monthly

Smc Corporation of America401(k)

SMC CORPORATION RETIREMENT SAVINGS PLAN · NOBLESVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Smc Corporation of America reported $270,359 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $3,121 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 0.01% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 83rd-largest of 1,562 plans among Indiana employers on file, and the 1,204th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$189,373,877
Participants with balances2,076
Active participants1,312
Employer contributions$4,094,724
Employee contributions$7,711,864
Employer contribution per active participant$3,121
Average account balance$91,221
Benefits paid to participants$17,078,344
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$189.4M · 2,076 accts · $4.1M emplr
2023$174.8M · 2,067 accts · $4.1M emplr
2022$156.9M · 2,007 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$143,507
Investment management$126,852
Total administrative$270,359
The Smc Corporation of America 401(k) match · 2024
Employer contribution per active participant$3,121
Median for plans this size$3,635
2024$3,121 per active participant
2023$2,994 per active participant
2022$3,324 per active participant

Smc Corporation of America's 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$143,507
RBC WEALTH MANAGEMENT · Investment advisory (plan)$126,852

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$270,359 · 0.15%
2023Not separately reported
2022$20,000 · 0.01%
Same employer
Similar plansManufacturing · Indiana
Franklin Electric Company IN$279.9M · 0.10%
Irving Materials, Inc. IN$253.3M · 0.18%
Dormakaba USA Inc. IN$196.3M · 0.12%
Thor Industries, Inc. IN$189.0M · 0.18%
Knauf Insulation, Inc. IN$179.9M · 0.15%
Ford Meter Box Company, Inc. IN$170.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351407207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.