Plan Ledger DOL Form 5500 · updated monthly

Stylmark, Inc.401(k)

STYLMARK INCORPORATED 401(K) PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Stylmark, Inc. reported $26,292 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $806 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 0.271%. 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 Minnesota (1,278th of 1,918), and 8,563rd of 13,661 in manufacturing. In 2024, employees put in $5.77 for every $1.00 the employer contributed; active participation has shrunk from 121 to 106 since 2022.

Plan summary
Net assets, end of year$10,493,270
Participants with balances124
Active participants106
Employer contributions$85,397
Employee contributions$492,626
Employer contribution per active participant$806
Average account balance$84,623
Benefits paid to participants$583,641
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 124 accts · $85K emplr
2023$8.9M · 121 accts · $87K emplr
2022$8.1M · 140 accts · $103K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,094
Investment management$23,198
Total administrative$26,292
The Stylmark, Inc. 401(k) match · 2024
Employer contribution per active participant$806
Median for plans this size$1,313
2024$806 per active participant
2023$836 per active participant
2022$854 per active participant

Stylmark, 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
NFP CORPORATE SERVICES (MN) INC · Investment advisory (plan)$23,198
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,094

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$26,292 · 0.27%
2023$22,831 · 0.27%
2022$24,160 · 0.27%
All plans at this employer2
STYLMARK, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
STYLMARK INCORPORATED 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Minnesota
Lake Air Products LLC MN$10.7M · 1.57%
Riedell Shoes, Inc. MN$10.7M · 0.38%
Decimet Sales, Inc. MN$10.5M · 0.41%
Chandler Exhibits, Inc. MN$10.3M · 0.66%
Virnig Manufacturing Inc MN$10.3M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411283601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.