Plan Ledger DOL Form 5500 · updated monthly

Smucker Company401(k)

SMUCKER COMPANY SAVINGS AND RETIREMENT 401K PLAN · LEOLA, PA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Smucker Company reported $30,756 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,509 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 0.278%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Pennsylvania (2,109th of 3,651), and 2,827th of 5,337 in construction. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,870,110
Participants with balances144
Active participants164
Employer contributions$411,536
Employee contributions$430,535
Employer contribution per active participant$2,509
Average account balance$82,431
Benefits paid to participants$602,449
Plan auditUnmodified (clean) audit opinion
AuditorSIMON LEVER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 144 accts · $412K emplr
2023$10.2M · 139 accts · $479K emplr
2022$8.1M · 139 accts · $655K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,418
Investment management$4,793
Total administrative$30,756
The Smucker Company 401(k) match · 2024
Employer contribution per active participant$2,509
Median for plans this size$2,416
2024$2,509 per active participant
2023$3,093 per active participant
2022$4,338 per active participant

Smucker Company's 2024 employer contribution ran above the $2,416 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
VALLEY FORGE PENSION MANAGEMENT · Other servicesindirect comp

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$30,756 · 0.28%
2023$24,748 · 0.27%
2022$24,127 · 0.28%
Same employer
Similar plansConstruction · Pennsylvania
Eda Roofing, Inc. PA$12.4M · 0.61%
Sargent Electric Company PA$12.2M · 0.07%
Lobar Associates, Inc. PA$11.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232375201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.