Plan Ledger DOL Form 5500 · updated monthly

Stainless Fabrication, Inc.401(k)

STAINLESS FABRICATION, INC. 401(K) PROFIT SHARING PLAN · SPRINGFIELD, MO · plan year 2023

Reported admin expense ratio · 2023
0.56%

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

Stainless Fabrication, Inc. reported $53,462 in plan administrative expenses for 2023: 0.56% of average plan assets, above the peer median. Employer contributions averaged $771 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 has held roughly steady near 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (836th of 1,393), and 8,685th of 13,661 in manufacturing. In 2023, employees put in $6.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,209,822
Participants with balances182
Active participants159
Employer contributions$122,528
Employee contributions$750,992
Employer contribution per active participant$771
Average account balance$56,098
Benefits paid to participants$1,080,491
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT, ROBINSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $87K emplr
2023$10.2M · 182 accts · $123K emplr
2022$8.9M · 173 accts · $113K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,725
Investment management$22,737
Total administrative$53,462
The Stainless Fabrication, Inc. 401(k) match · 2023
Employer contribution per active participant$771
Median for plans this size$1,308
2023$771 per active participant
2022$673 per active participant

Stainless Fabrication, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$22,737

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

Administrative cost history3
2024Not separately reported
2023$53,462 · 0.56%
2022$56,130 · 0.58%
Same employer
Similar plansManufacturing · Missouri
Anova Furnishings, Inc. MO$10.3M · 0.57%
Ck Supply, Inc. MO$10.3M · 0.01%
John Volpi & Company, Inc. MO$10.2M · 0.48%
L & R Industries, Inc. MO$9.9M · 0.37%
Shapiro Sales Company MO$9.7M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 431366382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.