Plan Ledger DOL Form 5500 · updated monthly

Specialty Interiors, Inc.401(k)

SPECIALTY INTERIORS, INC. 401(K) PLAN · ERLANGER, KY · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Specialty Interiors, Inc. reported $44,526 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,664 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 0.93% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Kentucky (670th of 871), and 4,179th of 5,337 in construction. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has shrunk from 135 to 115 since 2022.

Plan summary
Net assets, end of year$4,199,204
Participants with balances160
Active participants115
Employer contributions$191,345
Employee contributions$277,988
Employer contribution per active participant$1,664
Average account balance$26,245
Benefits paid to participants$472,209
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 160 accts · $191K emplr
2023$3.9M · 159 accts · $106K emplr
2022$3.8M · 145 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,526
Total administrative$44,526
The Specialty Interiors, Inc. 401(k) match · 2024
Employer contribution per active participant$1,664
Median for plans this size$1,313
2024$1,664 per active participant
2023$730 per active participant
2022$446 per active participant

Specialty Interiors, Inc.'s 2024 employer contribution ran above the $1,313 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
LATITUDE SERVICE COMPANY, INC · Recordkeeping$1,350
LINCOLN NATIONAL CORPORATION · Contract administrator$38,176
BLUE & CO., LLC · Investment advisory (plan)$5,000

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

Recordkeeper by year2
2024LATITUDE SERVICE COMPANY, INC
2023BENEFITS ADMINISTRATORS, LLC

This plan has changed recordkeepers within these filings. If you left Specialty Interiors, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,526 · 1.10%
2023$47,458 · 1.23%
2022$39,110 · 0.93%
Same employer
Similar plansConstruction · Kentucky
Gaddie Shamrock, LLC KY$5.2M · 0.03%
Excel Services, Inc. KY$5.1M · 0.84%
Bizzack Construction, LLC KY$4.1M · 0.02%
M & L Electrical, Inc. KY$3.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262252319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.