Plan Ledger DOL Form 5500 · updated monthly

Summerwinds Garden Centers, Inc.401(k)

SUMMERWINDS 401(K) PLAN · BOISE, ID · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Summerwinds Garden Centers, Inc. reported $58,376 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,852 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 0.61% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 151st-largest of 349 plans among Idaho employers on file, and the 2,225th of 5,215 in retail trade. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,359,314
Participants with balances215
Active participants166
Employer contributions$307,512
Employee contributions$679,262
Employer contribution per active participant$1,852
Average account balance$57,485
Benefits paid to participants$742,880
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 215 accts · $308K emplr
2023$10.9M · 213 accts · $214K emplr
2022$9.2M · 189 accts · $185K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,376
Total administrative$58,376
The Summerwinds Garden Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,852
Median for plans this size$2,416
2024$1,852 per active participant
2023$1,217 per active participant
2022$1,116 per active participant

Summerwinds Garden Centers, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$25,337
ARBOR POINT ADVISORS LLC · Investment advisory (plan)$24,156
ECHELON GROUP INC · Investment advisory (plan)$8,861

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,376 · 0.50%
2023$55,142 · 0.55%
2022$60,488 · 0.61%
Similar plansRetail Trade · Idaho
Bish's Rv Inc. ID$19.9M · 0.49%
D&B Supply Co. ID$18.4M · 0.04%
Vitalize, LLC ID$13.7M · 0.13%
Ridley's Food Corporation ID$12.1M · 0.64%
Interstate Group LLC ID$11.3M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820500954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.