Plan Ledger DOL Form 5500 · updated monthly

Stone Plastics and Manufacturing Inc401(k)

STONE PLASTICS AND MANUFACTURING INC 401(K) PLAN · ZEELAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Stone Plastics and Manufacturing Inc reported $25,822 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $1,222 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 0.39% to 0.43%. 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 Michigan (1,844th of 2,619), and 10,422nd of 13,661 in manufacturing. In 2024, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,506,123
Participants with balances105
Active participants153
Employer contributions$187,042
Employee contributions$522,259
Employer contribution per active participant$1,222
Average account balance$61,963
Benefits paid to participants$477,069
Plan auditUnmodified (clean) audit opinion
AuditorECHELBARGER, HIMEBAUGH, TAMM & CO.,
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 105 accts · $187K emplr
2023$5.5M · 105 accts · $174K emplr
2022$4.6M · 101 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,040
Investment management$22,782
Total administrative$25,822
The Stone Plastics and Manufacturing Inc 401(k) match · 2024
Employer contribution per active participant$1,222
Median for plans this size$1,313
2024$1,222 per active participant
2023$1,208 per active participant
2022$1,320 per active participant

Stone Plastics and Manufacturing 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 · 20242
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$1,000
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)indirect comp

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$25,822 · 0.43%
2023$20,997 · 0.42%
2022$19,464 · 0.39%
Same employer
Similar plansManufacturing · Michigan
Lyon Gear & Machine, Inc. MI$6.6M · 0.85%
Mollertech, LLC MI$6.6M · 1.25%
Oleco, Inc. MI$6.4M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383479787 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.