Plan Ledger DOL Form 5500 · updated monthly

Suhner Manufacturing, Inc.401(k)

SUHNER USA 401(K) PLAN · ROME, GA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Suhner Manufacturing, Inc. reported $45,671 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $4,904 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 has held roughly steady near 0.643%. 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 Georgia (1,436th of 2,160), and 10,039th of 13,661 in manufacturing. In 2024, the employer put in $2.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,229,318
Participants with balances218
Active participants98
Employer contributions$480,605
Employee contributions$232,792
Employer contribution per active participant$4,904
Average account balance$33,162
Benefits paid to participants$961,793
Plan auditUnmodified (clean) audit opinion
AuditorNICHOLS, CAULEY & ASSOCIATES, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$7.2M · 218 accts · $481K emplr
2023$7.0M · 227 accts · $536K emplr
Administrative expenses, itemized · 2024
Investment management$45,671
Total administrative$45,671
The Suhner Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$4,904
Median for plans this size$1,313
2024$4,904 per active participant
2023$4,500 per active participant

Suhner Manufacturing, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
EMPOWER ADVISORY GROUP, LLC · Investment management$13,434
MESIROW FINANCIAL INVESTMENT MGMT$3,230
JANNEY MONTGOMERY SCOTT, LLCindirect comp
MARTIN MARTIN RANDALL & ASSO. INC. · Contract administratorindirect comp

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

Administrative cost history2
2024$45,671 · 0.64%
2023$43,800 · 0.64%
All plans at this employer2
SUHNER MANUFACTURING MONEY PURCHASE PENSION PLANMoney purchase plan
SUHNER USA 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Georgia
Immec Inc. GA$7.6M · 0.53%
Exhibitus, Inc. GA$7.6M · 0.44%
Fpl Food, LLC GA$7.5M · 2.78%
Kumho Tire Georgia GA$7.3M · 2.01%
Cmi Limited Co. GA$7.2M · 0.50%
Gold Creek Foods GA$7.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581274165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.