Plan Ledger DOL Form 5500 · updated monthly

Solstice Sleep Products, Inc401(k)

SOLSTICE SLEEP PRODUCTS INC 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Solstice Sleep Products, Inc reported $5,723 in plan administrative expenses for 2024: 0.69% of average plan assets, below the peer median. Employer contributions averaged $795 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 1 year on file its reported administrative ratio rose from 0.33% to 0.69%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (3,138th of 3,295), and 13,214th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,157,224
Participants with balances316
Active participants228
Employer contributions$181,263
Employee contributions$400,609
Employer contribution per active participant$795
Average account balance$3,662
Benefits paid to participants$30,973
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.2M · 316 accts · $181K emplr
2023$513K · 253 accts · $152K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,723
Total administrative$5,723
The Solstice Sleep Products, Inc 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$540
2024$795 per active participant
2023$540 per active participant

Solstice Sleep Products, Inc's 2024 employer contribution ran above the $540 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.

Administrative cost history2
2024$5,723 · 0.69%
2023$1,669 · 0.33%
Same employer
Similar plansManufacturing · Ohio
Amg Industries, LLC OH$1.3M · 0.72%
Ditsch USA LLC. OH$1.2M · 0.89%
Rage Corporation OH$1.1M · 1.07%
Tiffin Metal Products Co. OH$1.1M · 0.33%
Cw Conveyor, LLC OH$1.1M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270260413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.