Plan Ledger DOL Form 5500 · updated monthly

Sportsfield Specialties, Inc.401(k)

SPORTSFIELD SPECIALTIES, INC. PROFIT SHARING AND 401(K) PLAN · DELHI, NY · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Sportsfield Specialties, Inc. reported $43,038 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,782 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 0.13% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in New York (2,995th of 5,648), and the 2,506th of 5,337 in construction. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 200 to 261 since 2022.

Plan summary
Net assets, end of year$14,699,841
Participants with balances249
Active participants261
Employer contributions$726,175
Employee contributions$1,227,243
Employer contribution per active participant$2,782
Average account balance$59,036
Benefits paid to participants$542,058
Plan auditUnmodified (clean) audit opinion
AuditorPIAKER & LYONS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 249 accts · $726K emplr
2023$11.9M · 198 accts · $531K emplr
2022$10.0M · 210 accts · $462K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,038
Total administrative$43,038
The Sportsfield Specialties, Inc. 401(k) match · 2024
Employer contribution per active participant$2,782
Median for plans this size$2,416
2024$2,782 per active participant
2023$2,492 per active participant
2022$2,309 per active participant

Sportsfield Specialties, Inc.'s 2024 employer contribution ran above 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
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$14,409
DUNBAR, BENDER & ZAPF, INC · Recordkeeping · Loan processing$4,375
TRAPHAGEN FINANCIAL GROUP · Investment advisory (plan)$24,254

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

Recordkeeper by year2
2024DUNBAR, BENDER & ZAPF, INC, Transamerica
2023EPIC RPS

This plan has changed recordkeepers within these filings. If you left Sportsfield Specialties, 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$43,038 · 0.32%
2023$9,735 · 0.09%
2022$13,032 · 0.13%
Same employer
Similar plansConstruction · New York
Pooler Enterprises, Inc. NY$15.6M · 0.36%
Tap Electric Metro Jv NY$15.2M · 0.34%
Northline Ventures, Inc. NY$14.8M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161546924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.