Plan Ledger DOL Form 5500 · updated monthly

Star of the West Milling Co.401(k)

STAR OF THE WEST SAVINGS AND PROTECTION PLAN · FRANKENMUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Star of the West Milling Co. reported $124,727 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,011 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 0.30% to 0.33%. 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 636th-largest of 2,619 plans among Michigan employers on file, and the 3,771st of 13,661 in manufacturing. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 320 to 401 since 2022.

Plan summary
Net assets, end of year$38,824,147
Participants with balances477
Active participants401
Employer contributions$1,207,343
Employee contributions$2,349,227
Employer contribution per active participant$3,011
Average account balance$81,392
Benefits paid to participants$6,223,439
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.8M · 477 accts · $1.2M emplr
2023$36.8M · 450 accts · $976K emplr
2022$33.2M · 417 accts · $861K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,135
Investment management$46,371
Trustee / custodial$8,571
Total administrative$124,727
The Star of the West Milling Co. 401(k) match · 2024
Employer contribution per active participant$3,011
Median for plans this size$2,416
2024$3,011 per active participant
2023$2,446 per active participant
2022$2,690 per active participant

Star of the West Milling Co.'s 2024 employer contribution ran above 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 · 20243
SENTINEL BENEFITS GROUP, INC. · Recordkeeping · Consulting$68,135
FIDELITY TRUST COMPANY · Recordkeeping · Custodial (securities)$10,221
SENTINEL PENSION ADVISOR · Consulting · Investment advisory (participants)$46,135

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

Recordkeeper by year2
2024Fidelity, Sentinel Group
2023Fidelity, Sentinel Group

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

Administrative cost history3
2024$124,727 · 0.33%
2023$118,116 · 0.34%
2022$106,016 · 0.30%
Same employer
Similar plansManufacturing · Michigan
Inductoheat, Inc. MI$39.4M · 0.26%
Eckhart & Assoc., Inc. MI$39.1M · 0.45%
Rexair LLC MI$39.0M · 0.13%
Kenwal Steel Corporation MI$38.9M · 0.34%
Plascore, Inc. MI$37.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381065660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.