Plan Ledger DOL Form 5500 · updated monthly

Sor, Inc.401(k)

SOR, INC. PROFIT SHARING AND 401(K) PLAN · LENEXA, KS · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Sor, Inc. reported $29,457 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,579 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 2 years on file its reported administrative ratio rose from 0.01% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 228th-largest of 828 plans among Kansas employers on file, and the 4,739th of 13,661 in manufacturing. In 2024, employees put in $3.39 for every $1.00 the employer contributed; active participation has grown from 174 to 197 since 2022.

Plan summary
Net assets, end of year$28,003,918
Participants with balances261
Active participants197
Employer contributions$311,000
Employee contributions$1,054,450
Employer contribution per active participant$1,579
Average account balance$107,295
Benefits paid to participants$4,598,572
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 261 accts · $311K emplr
2023$26.9M · 253 accts · $358K emplr
2022$25.4M · 237 accts · $342K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,446
Investment management$17,011
Total administrative$29,457
The Sor, Inc. 401(k) match · 2024
Employer contribution per active participant$1,579
Median for plans this size$2,416
2024$1,579 per active participant
2023$1,847 per active participant
2022$1,963 per active participant

Sor, Inc.'s 2024 employer contribution ran below 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,446
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$8,822
CREATIVE PLANNING LLC · Investment advisory (plan)$7,991

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$29,457 · 0.11%
2023$3,190 · 0.01%
2022$3,096 · 0.01%
Same employer
Similar plansManufacturing · Kansas
Smith & Loveless, Inc. KS$30.0M · 0.31%
Futamura, USA Inc. KS$29.1M · 0.19%
Airxcel,Inc. KS$29.0M · 0.00%
Tramec LLC KS$28.5M · 0.53%
Hme, Inc. KS$27.7M · 0.52%
Sharpline Converting, Inc. KS$27.2M · 0.49%
Pioneer Balloon Company KS$26.2M · 0.35%
Salina Vortex Corp. KS$26.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480891679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.