Plan Ledger DOL Form 5500 · updated monthly

Sumnerone, Inc.401(k)

SUMNERONE, INC. 401(K)/PROFIT SHARING PLAN · ST LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Sumnerone, Inc. reported $45,900 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,383 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 0.15% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 399th-largest of 1,393 plans among Missouri employers on file, and the 1,146th of 4,246 in wholesale trade. In 2024, employees put in $3.20 for every $1.00 the employer contributed; active participation has grown from 291 to 387 since 2022.

Plan summary
Net assets, end of year$35,793,357
Participants with balances466
Active participants387
Employer contributions$535,408
Employee contributions$1,712,899
Employer contribution per active participant$1,383
Average account balance$76,810
Benefits paid to participants$2,954,382
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.8M · 466 accts · $535K emplr
2023$31.3M · 443 accts · $960K emplr
2022$28.8M · 388 accts · $453K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,900
Total administrative$45,900
The Sumnerone, Inc. 401(k) match · 2024
Employer contribution per active participant$1,383
Median for plans this size$2,416
2024$1,383 per active participant
2023$2,882 per active participant
2022$1,558 per active participant

Sumnerone, 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
ADP, INC. · Recordkeeping$45,900
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$45,900 · 0.14%
2023$46,879 · 0.16%
2022$49,167 · 0.15%
Same employer
Similar plansWholesale Trade · Missouri
Indoff, Incorporated MO$39.4M · 0.02%
Medart, Inc. MO$37.1M · 0.41%
Datamax, Inc. MO$33.6M · 0.21%
Hartwig, Incorporated MO$31.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431332770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.