Plan Ledger DOL Form 5500 · updated monthly

Standard Textile Co., Inc.401(k)

STANDARD TEXTILE 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Standard Textile Co., Inc. reported $101,687 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,607 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 0.07% to 0.06%. 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 223rd-largest of 3,295 plans among Ohio employers on file, and the 1,227th of 13,661 in manufacturing. In 2024, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$184,551,000
Participants with balances1,117
Active participants878
Employer contributions$2,288,754
Employee contributions$6,121,647
Employer contribution per active participant$2,607
Average account balance$165,220
Benefits paid to participants$9,543,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$184.6M · 1,117 accts · $2.3M emplr
2023$164.1M · 1,129 accts · $2.1M emplr
2022$144.4M · 1,183 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,790
Investment management$3,897
Total administrative$101,687
The Standard Textile Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,607
Median for plans this size$3,635
2024$2,607 per active participant
2023$2,358 per active participant
2022$2,257 per active participant

Standard Textile Co., Inc.'s 2024 employer contribution ran below the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping$97,790
CHARLES SCHWAB & CO., INC. · Securities brokerage$392

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$101,687 · 0.06%
2023$109,063 · 0.07%
2022$106,888 · 0.07%
Same employer
Similar plansManufacturing · Ohio
Metallus Inc. OH$218.5M · 0.02%
Associated Materials, LLC OH$186.0M · 0.17%
Lima Refining Company OH$183.9M · 0.01%
Ats Corporation OH$175.4M · 0.15%
Advics North America, Inc. OH$173.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310567297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.