Plan Ledger DOL Form 5500 · updated monthly

Stabilus, Inc.401(k)

STABILUS, INC. 401(K) PLAN · GASTONIA, NC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Stabilus, Inc. reported $119,510 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,183 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 0.18% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 328th-largest of 2,005 plans among North Carolina employers on file, and the 2,775th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 611 to 1,039 since 2022.

Plan summary
Net assets, end of year$59,637,127
Participants with balances1,101
Active participants1,039
Employer contributions$2,268,474
Employee contributions$4,062,863
Employer contribution per active participant$2,183
Average account balance$54,166
Benefits paid to participants$11,565,407
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.6M · 1,101 accts · $2.3M emplr
2023$49.3M · 700 accts · $1.4M emplr
2022$42.0M · 685 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,080
Investment management$44,430
Total administrative$119,510
The Stabilus, Inc. 401(k) match · 2024
Employer contribution per active participant$2,183
Median for plans this size$3,635
2024$2,183 per active participant
2023$2,192 per active participant
2022$1,940 per active participant

Stabilus, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$75,445
DIMEO SCHNEIDER & ASSOC LLC · Investment advisory (plan)$32,304
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,126

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

Administrative cost history3
2024$119,510 · 0.22%
2023$112,260 · 0.25%
2022$84,586 · 0.18%
Same employer
Similar plansManufacturing · North Carolina
Lc Industries NC$63.7M · 0.07%
Stanadyne LLC NC$62.9M · 0.11%
Bernhardt Furniture Company NC$57.7M · 0.29%
Amarr Company NC$55.0M · 0.05%
Blum, Inc. NC$54.3M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 223834535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.