Plan Ledger DOL Form 5500 · updated monthly

Standard Distributing Co., Inc.401(k)

STANDARD DISTRIBUTING CO. 401(K) RETIREMENT PLAN · NEW CASTLE, DE · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Standard Distributing Co., Inc. reported $16,819 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,221 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 0.46% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Delaware (160th of 242), and 3,164th of 4,246 in wholesale trade. In 2024, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,283,476
Participants with balances131
Active participants81
Employer contributions$98,861
Employee contributions$313,928
Employer contribution per active participant$1,221
Average account balance$63,233
Benefits paid to participants$219,072
Plan auditUnmodified (clean) audit opinion
AuditorHORTY & HORTY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 131 accts · $99K emplr
2023$7.2M · 128 accts · $130K emplr
2022$5.8M · 117 accts · $104K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,251
Investment management$15,568
Total administrative$16,819
The Standard Distributing Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,221
Median for plans this size$1,313
2024$1,221 per active participant
2023$1,627 per active participant
2022$1,412 per active participant

Standard Distributing Co., Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
GREY FOX WEALTH ADVISORS, LLC · Recordkeeping · Trustee$15,568
ADP, INC. · Loan processing · Recordkeeping$1,251

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

Recordkeeper by year2
2024ADP, GREY FOX WEALTH ADVISORS, LLC
2023ADP, GREY FOX WEALTH ADVISORS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$16,819 · 0.22%
2023$13,777 · 0.21%
2022$29,914 · 0.46%
Similar plansWholesale Trade · Delaware
Burris Logistics DE$101.1M · 0.13%
Keen Compressed Gas Company DE$19.2M · 0.26%
Hgr Industrial Surplus DE$4.0M · 0.77%
Netbus, Inc. DE$705K · 1.29%
Rac King, LLC. DE$281K · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510350860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.