Sorenson Lighted Controls Inc.401(k)

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

Sorenson Lighted Controls Inc. reported $40,547 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $886 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 fell from 0.73% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,203rd of 3,644), and 10,317th of 13,661 in manufacturing. In 2024, employees put in $6.33 for every $1.00 the employer contributed; active participation has shrunk from 111 to 98 since 2022.