Plan Ledger DOL Form 5500 · updated monthly

Standard Fusee Corporation401(k)

STANDARD FUSEE CORPORATION 401(K) RETIREMENT PLAN · EASTON, MD · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Standard Fusee Corporation reported $2,586 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,062 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 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (903rd of 1,671), and 8,060th of 13,661 in manufacturing. In 2023, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,904,578
Participants with balances135
Active participants109
Employer contributions$224,810
Employee contributions$417,166
Employer contribution per active participant$2,062
Average account balance$88,182
Benefits paid to participants$176,884
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 122 accts · $221K emplr
2023$11.9M · 135 accts · $225K emplr
2022$9.9M · 142 accts · $226K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,586
Total administrative$2,586
The Standard Fusee Corporation 401(k) match · 2023
Employer contribution per active participant$2,062
Median for plans this size$2,440
2024$2,023 per active participant
2023$2,062 per active participant
2022$1,871 per active participant

Standard Fusee Corporation's 2023 employer contribution ran below the $2,440 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 · 20231
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$2,586

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Standard Fusee Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,532 · 0.04%
2023$2,586 · 0.02%
2022$3,623 · 0.03%
Same employer
Similar plansManufacturing · Maryland
Ascentage Pharma Group Inc. MD$13.2M · 0.47%
Novatec, Inc. MD$12.5M · 0.85%
Mark/Trece, Inc. MD$11.7M · 0.26%
The Whalen Company MD$11.7M · 0.39%
Pompeian, Inc. MD$11.6M · 0.96%
Aw Industries, Inc. MD$11.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061240151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.