Plan Ledger DOL Form 5500 · updated monthly

Sugar Creek Packing Co.401(k)

SUGAR CREEK PACKING CO. 401(K) PLAN AND TRUST · WASHINGTON COURT HOUSE, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Sugar Creek Packing Co. reported $153,307 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,196 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 0.15% to 0.26%. 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 533rd-largest of 3,295 plans among Ohio employers on file, and the 2,672nd of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,163,301
Participants with balances630
Active participants1,497
Employer contributions$1,790,552
Employee contributions$3,247,330
Employer contribution per active participant$1,196
Average account balance$100,259
Benefits paid to participants$3,864,548
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$63.2M · 630 accts · $1.8M emplr
2023$53.5M · 625 accts · $1.6M emplr
2022$42.4M · 584 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,472
Investment management$116,634
Audit (IQPA)$23,500
Total administrative$153,307
The Sugar Creek Packing Co. 401(k) match · 2024
Employer contribution per active participant$1,196
Median for plans this size$3,635
2024$1,196 per active participant
2023$1,066 per active participant
2022$940 per active participant

Sugar Creek Packing Co.'s 2024 employer contribution ran below the $3,635 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 · 20245
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$69,643
EMPOWER ADVISORY GROUP, LLC · Investment management$46,991
MCGLADREY LLP · Accounting / audit$23,500
EDWARD L ETTER, GEORGE A BIEHLE, ET$2,701

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$153,307 · 0.26%
2023$117,218 · 0.24%
2022$71,798 · 0.15%
Same employer
Similar plansManufacturing · Ohio
National Machinery LLC OH$64.3M · 0.03%
Kth Parts Industries, Inc. OH$63.7M · 0.05%
Buckeye Corrugated, Inc. OH$63.4M · 0.21%
Pilot Chemical Company OH$62.5M · 0.02%
Gg Brands Company OH$61.9M · 0.29%
Fuyao Glass America Inc. OH$60.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311225301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.