Plan Ledger DOL Form 5500 · updated monthly

Sontara Old Hickory Inc.401(k)

JACOB HOLM & SONS 401(K) PLAN · CANDLER, NC · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Sontara Old Hickory Inc. reported $16,723 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,024 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 586th-largest of 2,005 plans among North Carolina employers on file, and the 4,670th of 13,661 in manufacturing. In 2022, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,449,051
Participants with balances286
Active participants408
Employer contributions$1,233,618
Employee contributions$1,954,648
Employer contribution per active participant$3,024
Average account balance$99,472
Benefits paid to participants$3,483,204
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$28.4M · 286 accts · $1.2M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,723
Total administrative$16,723
The Sontara Old Hickory Inc. 401(k) match · 2022
Employer contribution per active participant$3,024
Median for plans this size$2,266

Sontara Old Hickory Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$16,723 · 0.05%
Similar plansManufacturing · North Carolina
Kurz Transfer Products, LP NC$30.0M · 0.11%
Wilbert, Inc. NC$29.3M · 0.11%
Avl Technologies NC$29.1M · 0.22%
Bestco, LLC NC$28.5M · 0.26%
Itg Cigars, Inc. NC$27.9M · 0.21%
J.C. Steele and Sons, Inc. NC$27.6M · 0.24%
Surteco USA Inc. NC$27.6M · 0.39%
Hyde Park Partners, Inc. NC$27.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471028391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.