Plan Ledger DOL Form 5500 · updated monthly

Special-Lite, Inc.401(k)

SPECIAL-LITE, INC. RETIREMENT AND SAVINGS PLAN AND TRUST · DECATUR, MI · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Special-Lite, Inc. reported $78,569 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $5,839 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 0.16% to 0.20%. 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 588th-largest of 2,619 plans among Michigan employers on file, and the 3,544th of 13,661 in manufacturing. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$42,301,968
Participants with balances399
Active participants247
Employer contributions$1,442,262
Employee contributions$1,075,102
Employer contribution per active participant$5,839
Average account balance$106,020
Benefits paid to participants$2,571,789
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 399 accts · $1.4M emplr
2023$37.6M · 399 accts · $1.3M emplr
2022$32.5M · 405 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,849
Investment management$65,720
Total administrative$78,569
The Special-Lite, Inc. 401(k) match · 2024
Employer contribution per active participant$5,839
Median for plans this size$2,416
2024$5,839 per active participant
2023$5,527 per active participant
2022$5,125 per active participant

Special-Lite, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
GREENLEAF TRUST · Recordkeeping · Trustee$78,569

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

Recordkeeper by year2
2024GREENLEAF TRUST
2023GREENLEAF TRUST

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$78,569 · 0.20%
2023$54,222 · 0.15%
2022$59,276 · 0.16%
Same employer
Similar plansManufacturing · Michigan
Kongsberg Automotive Inc MI$44.9M · 0.17%
Ajm Packaging Corporation MI$43.6M · 0.26%
Esperion Therapeutics, Inc. MI$43.1M · 0.25%
Piston Automotive, LLC MI$42.1M · 0.08%
Oetiker, Inc. MI$42.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381951068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.