Plan Ledger DOL Form 5500 · updated monthly

Stark Truss Company, Inc.401(k)

STARK TRUSS COMPANY, INC. EMPLOYEE 401(K) PLAN · CANTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Stark Truss Company, Inc. reported $89,740 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $615 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 0.24% to 0.26%. 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 852nd-largest of 3,295 plans among Ohio employers on file, and the 3,960th of 13,661 in manufacturing. In 2024, employees put in $4.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,935,484
Participants with balances482
Active participants628
Employer contributions$386,095
Employee contributions$1,814,353
Employer contribution per active participant$615
Average account balance$74,555
Benefits paid to participants$3,026,281
Plan auditUnmodified (clean) audit opinion
Auditor415 GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$35.9M · 482 accts · $386K emplr
2023$33.3M · 422 accts · $371K emplr
2022$29.3M · 395 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,596
Investment management$32,144
Total administrative$89,740
The Stark Truss Company, Inc. 401(k) match · 2024
Employer contribution per active participant$615
Median for plans this size$2,416
2024$615 per active participant
2023$575 per active participant
2022$570 per active participant

Stark Truss Company, Inc.'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$57,596
HIGHLAND CONSULTING · Recordkeeping · Trustee$32,144

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

Recordkeeper by year2
2024ADP, HIGHLAND CONSULTING
2023ADP, HIGHLAND CONSULTING

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Administrative cost history3
2024$89,740 · 0.26%
2023$79,282 · 0.25%
2022$75,458 · 0.24%
Same employer
Similar plansManufacturing · Ohio
Mack Industries, Inc. OH$36.8M · 0.39%
Baxters North America, Inc. OH$36.6M · 0.54%
Q-Lab Corporation OH$36.2M · 0.00%
Brake Parts Inc LLC OH$36.1M · 0.53%
Spangler Candy Company OH$35.7M · 0.37%
Mayfair Enterprises OH$35.6M · 0.16%
Eckart America Corporation OH$35.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341030967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.