Plan Ledger DOL Form 5500 · updated monthly

Stanton Carpet Corp.401(k)

STANTON CARPET CORP. 401(K) PLAN · WOODBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Stanton Carpet Corp. reported $59,894 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $586 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 0.43% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,620th-largest of 5,648 plans among New York employers on file, and the 1,570th of 5,215 in retail trade. In 2024, employees put in $10.57 for every $1.00 the employer contributed; active participation has grown from 182 to 283 since 2022.

Plan summary
Net assets, end of year$18,592,316
Participants with balances215
Active participants283
Employer contributions$165,887
Employee contributions$1,752,872
Employer contribution per active participant$586
Average account balance$86,476
Benefits paid to participants$2,174,139
Plan auditUnmodified (clean) audit opinion
AuditorTRACHTENBERG & PAUKER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 215 accts · $166K emplr
2023$16.7M · 246 accts · $156K emplr
2022$12.4M · 211 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,677
Investment management$32,217
Total administrative$59,894
The Stanton Carpet Corp. 401(k) match · 2024
Employer contribution per active participant$586
Median for plans this size$2,416
2024$586 per active participant
2023$581 per active participant
2022$751 per active participant

Stanton Carpet Corp.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$29,630
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$2,587

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$59,894 · 0.34%
2023$74,971 · 0.51%
2022$56,293 · 0.43%
Same employer
Similar plansRetail Trade · New York
Ganz U.S.A. LLC NY$19.5M · 0.13%
Maxmara USA, Inc. NY$19.5M · 0.47%
The Pace Gallery, LLC NY$19.1M · 0.35%
Pepe Motors Corp. NY$18.7M · 0.03%
Helms Bros. Inc. NY$18.5M · 0.42%
Orveon Global US LLC NY$18.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112560888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.