Plan Ledger DOL Form 5500 · updated monthly

Starline USA Inc.401(k)

STARLINE USA INC. 401(K) PROFIT SHARING PLAN AND TRUST · GRAND ISLAND, NY · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Starline USA Inc. reported $19,626 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $715 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 3 years on file its reported administrative ratio has held roughly steady near 0.266%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,913th of 5,648), and 8,683rd of 11,654 in professional & technical services. In 2024, employees put in $5.17 for every $1.00 the employer contributed; active participation has grown from 107 to 147 since 2022.

Plan summary
Net assets, end of year$8,013,841
Participants with balances149
Active participants147
Employer contributions$105,172
Employee contributions$543,449
Employer contribution per active participant$715
Average account balance$53,784
Benefits paid to participants$176,549
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 149 accts · $105K emplr
2023$6.7M · 140 accts · $104K emplr
2022$5.3M · 125 accts · $91K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,325
Investment management$1,301
Total administrative$19,626
The Starline USA Inc. 401(k) match · 2024
Employer contribution per active participant$715
Median for plans this size$1,313
2024$715 per active participant
2023$853 per active participant
2022$848 per active participant

Starline USA Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,325

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$19,626 · 0.27%
2023$15,733 · 0.26%
2022$14,902 · 0.27%
Same employer
Similar plansProfessional & Technical Services · New York
Slice Solutions, Inc. NY$8.0M · 0.49%
Adhawk Inc. NY$8.0M · 0.59%
Gallo Vitucci & Klar, LLP NY$8.0M · 0.09%
5W Public Relations NY$7.9M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161407974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.