Plan Ledger DOL Form 5500 · updated monthly

Sms Mill Services, LLC401(k)

SMS MILL SERVICES, LLC 401(K) PLAN & TRUST · EAST CHICAGO, IN · plan year 2021

Reported admin expense ratio · 2021
0.93%

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

Sms Mill Services, LLC reported $10,699 in plan administrative expenses for 2021: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,358 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 $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,460th of 1,562), and 13,104th of 13,661 in manufacturing. In 2021, the employer put in $7.98 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,394,711
Participants with balances97
Active participants78
Employer contributions$417,940
Employee contributions$52,390
Employer contribution per active participant$5,358
Average account balance$14,378
Benefits paid to participants$89,790
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD.
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$7,392
Investment management$3,307
Total administrative$10,699
The Sms Mill Services, LLC 401(k) match · 2021
Employer contribution per active participant$5,358
Median for plans this size$994

Sms Mill Services, LLC's 2021 employer contribution ran above the $994 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2021$10,699 · 0.93%
Similar plansManufacturing · Indiana
Adventure Homes, LLC IN$1.5M · 0.02%
Asw, LLC IN$1.5M · 0.95%
Just Packaging, Inc. IN$1.4M · 0.05%
General Devices Co., Inc. IN$1.4M · 0.13%
Facility Concepts, Inc. IN$1.4M · 2.15%
Mastercraft, Inc. IN$1.3M · 1.27%
Capco LLC IN$1.3M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 263464805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.