Plan Ledger DOL Form 5500 · updated monthly

Standard Process Inc.401(k)

STANDARD PROCESS INC. 401K AND PROFIT SHARING PLAN · PALMYRA, WI · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Standard Process Inc. reported $198,050 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $9,935 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 3 years on file its reported administrative ratio has held roughly steady near 0.16%. 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 185th-largest of 1,936 plans among Wisconsin employers on file, and the 1,559th of 13,661 in manufacturing. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves; active participation has grown from 559 to 653 since 2022.

Plan summary
Net assets, end of year$130,998,673
Participants with balances810
Active participants653
Employer contributions$6,487,535
Employee contributions$4,897,546
Employer contribution per active participant$9,935
Average account balance$161,727
Benefits paid to participants$11,360,035
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS
Plan history3
Yearassets · accounts · employer contribution
2024$131.0M · 810 accts · $6.5M emplr
2023$115.1M · 835 accts · $7.6M emplr
2022$93.1M · 685 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,918
Investment management$128,735
Total administrative$198,050
The Standard Process Inc. 401(k) match · 2024
Employer contribution per active participant$9,935
Median for plans this size$3,635
2024$9,935 per active participant
2023$11,661 per active participant
2022$11,285 per active participant

Standard Process Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
T ROWE PRICE RPS INC · Recordkeeping · Trustee$68,918
FRANCIS LLC · Investment advisory (plan)$74,350
FRANCIS LLC · Investment advisory (participants)$54,385

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$198,050 · 0.16%
2023$180,426 · 0.17%
2022$171,264 · 0.17%
Same employer
Similar plansManufacturing · Wisconsin
Douglas Dynamics, L.L.C. WI$157.9M · 0.19%
Enerpac Tool Group Corp WI$149.2M · 0.04%
Ariens Company WI$141.1M · 0.04%
Brakebush Brothers, Inc. WI$134.7M · 0.25%
Wis-Pak, Inc. WI$129.2M · 0.11%
Husco International, Inc. WI$128.1M · 0.12%
Fiskars Brands, Inc. WI$122.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390762936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.