Plan Ledger DOL Form 5500 · updated monthly

Stone City Products, Inc.401(k)

STONE CITY PRODUCTS, INC 401(K) SAVINGS PLAN · BEDFORD, IN · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Stone City Products, Inc. reported $18,689 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $611 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 0.09% to 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,407th of 1,562), and 12,876th of 13,661 in manufacturing. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has shrunk from 131 to 98 since 2022.

Plan summary
Net assets, end of year$1,886,407
Participants with balances281
Active participants98
Employer contributions$59,921
Employee contributions$143,912
Employer contribution per active participant$611
Average account balance$6,713
Benefits paid to participants$40,182
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 281 accts · $60K emplr
2023$1.6M · 261 accts · $54K emplr
2022$1.3M · 227 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,831
Investment management$858
Total administrative$18,689
The Stone City Products, Inc. 401(k) match · 2024
Employer contribution per active participant$611
Median for plans this size$1,313
2024$611 per active participant
2023$514 per active participant
2022$376 per active participant

Stone City Products, Inc.'s 2024 employer contribution ran below the $1,313 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
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$11,724
TRANSAMERICA FINANCIAL LIFE · Recordkeeping · Loan processing$6,107
RPA FINANCIAL LLC · Investment advisory (plan)$858

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2024$18,689 · 1.08%
2023$16,582 · 1.14%
2022$1,322 · 0.09%
Same employer
Similar plansManufacturing · Indiana
Westfield Steel, Inc. IN$1.9M · 0.92%
Scott Pet Products, Inc. IN$1.8M · 0.42%
Foamcraft, Inc. IN$1.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351183577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.