Plan Ledger DOL Form 5500 · updated monthly

Sumiriko Ohio, Inc.Profit-sharing plan

SRK RETIREMENT SAVINGS & INVESTMENT PLAN · BLUFFTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Sumiriko Ohio, Inc. reported $163,819 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,944 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 fell from 0.26% to 0.25%. 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 502nd-largest of 3,295 plans among Ohio employers on file, and the 2,523rd of 13,661 in manufacturing. In 2024, employees put in $3.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,853,842
Participants with balances570
Active participants432
Employer contributions$839,993
Employee contributions$2,796,014
Employer contribution per active participant$1,944
Average account balance$119,042
Benefits paid to participants$9,004,934
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.9M · 570 accts · $840K emplr
2023$65.7M · 573 accts · $864K emplr
2022$58.9M · 595 accts · $862K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,569
Investment management$53,250
Audit (IQPA)$49,000
Total administrative$163,819
Employer contributions to the Sumiriko Ohio, Inc. plan · 2024
Employer contribution per active participant$1,944
Median for plans this size$3,635
2024$1,944 per active participant
2023$1,892 per active participant
2022$1,822 per active participant

Sumiriko Ohio, Inc.'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$61,569
DELOITTE & TOUCHE LLP · Accounting / audit$49,000
CBIZ INVESTMENT ADV SERVICES, LLC · Investment advisory (participants) · Investment advisory (plan)$44,250
CBIZ BENEFITS & INSURANCE SERVICES · Investment advisory (plan)$9,000

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$163,819 · 0.25%
2023$170,602 · 0.27%
2022$169,839 · 0.26%
Same employer
Similar plansManufacturing · Ohio
Champion Laboratories, Inc. OH$68.6M · 0.30%
Bettcher Industries, Inc. OH$68.0M · 0.18%
Roppe Corporation OH$66.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341576708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.