Plan Ledger DOL Form 5500 · updated monthly

Src Ventures, Inc.401(k)

SRC VENTURES, INC. 401K RETIREMENT PLAN · NORTH SYRACUSE, NY · plan year 2025

Reported admin expense ratio · 2025
0.06%

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

Src Ventures, Inc. reported $47,173 in plan administrative expenses for 2025: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,434 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 3 years on file its reported administrative ratio fell from 0.08% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other manufacturing employers. By assets it is the 887th-largest of 5,648 plans among New York employers on file, and the 2,089th of 13,661 in manufacturing. In 2025, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,970,775
Participants with balances484
Active participants246
Employer contributions$2,320,882
Employee contributions$2,819,507
Employer contribution per active participant$9,434
Average account balance$181,758
Benefits paid to participants$2,663,141
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$88.0M · 484 accts · $2.3M emplr
2024$72.9M · 484 accts · $2.2M emplr
2023$64.0M · 457 accts · $2.0M emplr
2022$54.4M · 430 accts · $1.6M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$36,571
Investment management$2,237
Audit (IQPA)$8,365
Total administrative$47,173
The Src Ventures, Inc. 401(k) match · 2025
Employer contribution per active participant$9,434
Median for plans this size$4,093
2025$9,434 per active participant
2024$9,388 per active participant
2023$9,282 per active participant
2022$6,394 per active participant

Src Ventures, Inc.'s 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
TIAA · Recordkeeping · Pension consulting$36,571
FUSTCHARLES LLP · Accounting / audit$8,365

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

Recordkeeper by year3
2025TIAA
2024TIAA
2023TIAA

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Administrative cost history4
2025$47,173 · 0.06%
2024$44,917 · 0.07%
2023$47,501 · 0.08%
2022$44,149 · 0.08%
Similar plansManufacturing · New York
Derrick Corporation NY$95.6M · 0.12%
Curtis Instruments, Inc. NY$92.4M · 0.23%
Alm Global, LLC NY$90.9M · 0.27%
Tessy Plastics Corp NY$85.1M · 0.24%
Cutco Cutlery Corporation NY$82.7M · 0.16%
Medical Depot, Inc. NY$77.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800946320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.