Plan Ledger DOL Form 5500 · updated monthly

Standard Sand & Silica Company401(k)

SUNSET RETIREMENT PLAN · DAVENPORT, FL · plan year 2023

Reported admin expense ratio · 2023
0.92%

Standard Sand & Silica Company reported $45,589 in plan administrative expenses for 2023: 0.92% of average plan assets, higher than ~75% of peers. 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 0.78% to 0.99%. 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 Florida (2,400th of 3,644), and 10,938th of 13,661 in manufacturing. active participation has grown from 247 to 290 since 2022.

Plan summary
Net assets, end of year$5,494,869
Participants with balances323
Active participants290
Employer contributions—
Employee contributions$587,536
Employer contribution per active participant—
Average account balance$17,012
Benefits paid to participants$303,966
Plan auditUnmodified (clean) audit opinion
AuditorWALL TITUS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 239 accts
2023$5.5M · 323 accts
2022$4.4M · 289 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,589
Total administrative$45,589
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 · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,739
JANET A. PANEBIANCO, CPA, PLLC · Contract administrator · Other services$6,250
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$51,844 · 0.99%
2023$45,589 · 0.92%
2022$37,500 · 0.78%
Similar plansManufacturing · Florida
Rybovich Boat Company LLC FL$5.8M · 0.34%
Osgood Industries, LLC FL$5.4M · 0.07%
Gq Investments, LLC FL$5.3M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590538109 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.