Plan Ledger DOL Form 5500 · updated monthly

Star Distributors, Inc.401(k)

STAR DISTRIBUTORS, INC. 401(K) SAVINGS PLAN · WEST HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Star Distributors, Inc. reported $166,004 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,594 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 rose from 0.44% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 367th-largest of 1,106 plans among Connecticut employers on file, and the 1,120th of 4,246 in wholesale trade. In 2024, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,654,045
Participants with balances416
Active participants302
Employer contributions$481,373
Employee contributions$1,344,170
Employer contribution per active participant$1,594
Average account balance$88,111
Benefits paid to participants$1,258,364
Plan auditUnmodified (clean) audit opinion
AuditorFIORITA, KORNHAAS & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 416 accts · $481K emplr
2023$34.5M · 412 accts · $868K emplr
2022$31.2M · 393 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,287
Total administrative$166,004
The Star Distributors, Inc. 401(k) match · 2024
Employer contribution per active participant$1,594
Median for plans this size$2,416
2024$1,594 per active participant
2023$2,954 per active participant
2022$3,688 per active participant

Star Distributors, Inc.'s 2024 employer contribution ran below the $2,416 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,700
WILSHIRE ASSOCIATS INC. · Investment advisory (participants)$7,287

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$166,004 · 0.47%
2023$146,729 · 0.45%
2022$139,810 · 0.44%
Same employer
Similar plansWholesale Trade · Connecticut
Thule Inc. CT$46.5M · 0.45%
Melissa & Doug, LLC CT$38.4M · 0.21%
Victorinox Swiss Army, Inc. CT$37.7M · 0.06%
Nefco Holding Company LLC CT$34.1M · 0.13%
Osterman & Company, Inc. CT$33.7M · 0.00%
Southern Auto Sales, Inc. CT$32.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060623371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.