Plan Ledger DOL Form 5500 · updated monthly

Soclean Inc.401(k)

SOCLEAN INC. 401(K) PLAN · PETERBOROUGH, NH · plan year 2023

Reported admin expense ratio · 2023
1.34%

Soclean Inc. reported $34,887 in plan administrative expenses for 2023: 1.34% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 1.03% to 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Hampshire (359th of 411), and 12,354th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$2,865,870
Participants with balances91
Active participants68
Employer contributions—
Employee contributions$414,137
Employer contribution per active participant—
Average account balance$31,493
Benefits paid to participants$279,430
Plan auditUnmodified (clean) audit opinion
AuditorBERRYDUNN, MCNIEL & PARKER
Plan history2
Yearassets · accounts · employer contribution
2023$2.9M · 91 accts
2022$2.3M · 101 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,887
Total administrative$34,887
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$14,187
BERRYDUNN · Accounting / audit$20,700

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

Administrative cost history2
2023$34,887 · 1.34%
2022$27,487 · 1.03%
Similar plansManufacturing · New Hampshire
Galvion LTD. NH$4.5M · 0.54%
Dci Inc. NH$3.5M · 0.19%
Scott Electronics, Inc. NH$3.3M · 0.05%
603 Manufacturing, LLC NH$2.6M · 0.03%
C&M Machine Products, Inc NH$2.5M · 0.37%
Textiles Coated, Inc. NH$2.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452735233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.