Plan Ledger DOL Form 5500 · updated monthly

Stangenes Industries, Inc.401(k)

STANGENES INDUSTRIES, INC. PROFIT SHARING PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Stangenes Industries, Inc. reported $126,021 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,966 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 0.57% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,759th-largest of 9,483 plans among California employers on file, and the 4,614th of 13,661 in manufacturing. In 2024, the employer put in $3.76 for every $1.00 employees contributed themselves; active participation has grown from 137 to 160 since 2022.

Plan summary
Net assets, end of year$28,873,919
Participants with balances196
Active participants160
Employer contributions$1,434,561
Employee contributions$381,455
Employer contribution per active participant$8,966
Average account balance$147,316
Benefits paid to participants$2,646,770
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 196 accts · $1.4M emplr
2023$25.9M · 180 accts · $844K emplr
2022$21.8M · 180 accts · $846K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,436
Investment management$71,585
Total administrative$126,021
The Stangenes Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$8,966
Median for plans this size$2,416
2024$8,966 per active participant
2023$5,667 per active participant
2022$6,176 per active participant

Stangenes Industries, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$54,436
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$71,585

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$126,021 · 0.46%
2023$132,778 · 0.56%
2022$141,277 · 0.57%
Same employer
Similar plansManufacturing · California
Dunlop Manufacturing Inc CA$29.0M · 0.42%
Vintage Wine Estates CA$28.9M · 0.28%
Iridex Corporation CA$28.9M · 0.07%
K&N Engineering, Inc. CA$28.9M · 0.49%
Eikon Therapeutics, Inc. CA$28.9M · 0.02%
Kti Inc. CA$28.8M · 0.59%
La Specialty Produce Co. CA$28.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942247016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.