Plan Ledger DOL Form 5500 · updated monthly

Structural Component Systems, Inc.ESOP

STRUCTURAL COMPONENT SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · FREMONT, NE · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Structural Component Systems, Inc. reported $1,130 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,068 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 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 98th-largest of 565 plans among Nebraska employers on file, and the 2,522nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$67,860,076
Participants with balances455
Active participants349
Employer contributions$721,628
Employee contributions—
Employer contribution per active participant$2,068
Average account balance$149,143
Benefits paid to participants$34,973
Plan auditUnmodified (clean) audit opinion
AuditorBLACKMAN & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$67.9M · 455 accts · $722K emplr
2023$49.4M · 395 accts · $389K emplr
2022$28.1M · 353 accts
Employer contributions to the Structural Component Systems, Inc. plan · 2024
Employer contribution per active participant$2,068
Median for plans this size$3,635
2024$2,068 per active participant
2023$1,146 per active participant

Structural Component Systems, Inc.'s 2024 employer contribution ran below the $3,635 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.

Recordkeeper by year2
2024UNION BANK & TRUST COMPANY
2023UNION BANK & TRUST COMPANY

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Administrative cost history3
2024$1,130 · 0.00%
2023$4,155 · 0.01%
2022Not separately reported
All plans at this employer2
STRUCTURAL COMPONENT SYSTEMS, INC. PROFIT SHARING PLAN401(k)
STRUCTURAL COMPONENT SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Similar plansManufacturing · Nebraska
Behlen Mfg. Co. NE$79.3M · 0.20%
Lincoln Industries, Inc. NE$72.1M · 0.44%
Li-Cor, Inc. NE$71.9M · 0.11%
Streck LLC NE$71.4M · 0.22%
Drake-Williams Steel, Inc. NE$66.4M · 0.00%
Hexagon USA Holdings, Inc. NE$63.8M · 0.12%
Claas of America Inc. NE$52.9M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470708093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.