Plan Ledger DOL Form 5500 · updated monthly

Stanadyne LLC401(k)

STANADYNE LLC SAVINGS PLUS PLAN · JACKSONVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Stanadyne LLC reported $61,347 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,642 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 fell from 0.13% to 0.11%. 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 317th-largest of 2,005 plans among North Carolina employers on file, and the 2,681st of 13,661 in manufacturing. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has grown from 177 to 418 since 2022.

Plan summary
Net assets, end of year$62,940,474
Participants with balances820
Active participants418
Employer contributions$686,172
Employee contributions$1,716,005
Employer contribution per active participant$1,642
Average account balance$76,757
Benefits paid to participants$13,066,938
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.9M · 820 accts · $686K emplr
2023$48.3M · 502 accts · $435K emplr
2022$46.5M · 535 accts · $431K emplr
Administrative expenses, itemized · 2024
Investment management$7,791
Audit (IQPA)$18,500
Total administrative$61,347
The Stanadyne LLC 401(k) match · 2024
Employer contribution per active participant$1,642
Median for plans this size$3,635
2024$1,642 per active participant
2023$2,456 per active participant
2022$2,434 per active participant

Stanadyne LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$64,110
ASSURANCE DIMENSIONS · Accounting / audit$18,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,791
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$61,347 · 0.11%
2023$24,802 · 0.05%
2022$73,115 · 0.13%
Similar plansManufacturing · North Carolina
Hyosung Holdings USA, Inc NC$65.6M · 0.12%
Lc Industries NC$63.7M · 0.07%
Stabilus, Inc. NC$59.6M · 0.22%
Bernhardt Furniture Company NC$57.7M · 0.29%
Amarr Company NC$55.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222940378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.