Plan Ledger DOL Form 5500 · updated monthly

Sundaram Clayton USA, LLC401(k)

SUNDARAM CLAYTON USA, LLC - 401(K) · RIDGEVILLE, SC · plan year 2024

Reported admin expense ratio · 2024
2.97%

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

Sundaram Clayton USA, LLC reported $40,911 in plan administrative expenses for 2024: 2.97% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,376 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 1 year on file its reported administrative ratio rose from 2.27% to 2.97%. 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 South Carolina (714th of 807), and 12,972nd of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,676,307
Participants with balances265
Active participants161
Employer contributions$221,504
Employee contributions$382,165
Employer contribution per active participant$1,376
Average account balance$6,326
Benefits paid to participants$121,502
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.7M · 265 accts · $222K emplr
2023$1.1M · 174 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,467
Investment management$12,444
Total administrative$40,911
The Sundaram Clayton USA, LLC 401(k) match · 2024
Employer contribution per active participant$1,376
Median for plans this size$1,313
2024$1,376 per active participant
2023$1,504 per active participant

Sundaram Clayton USA, LLC's 2024 employer contribution ran above the $1,313 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
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$14,905
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$13,562
LONGLEAF ADVISORS · Pension consulting$12,444

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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

Administrative cost history2
2024$40,911 · 2.97%
2023$19,757 · 2.27%
Similar plansManufacturing · South Carolina
Fiber Industries SC$1.7M · 0.17%
Pmc Corporation SC$1.5M · 0.32%
Marley Lilly, LLC SC$1.4M · 1.57%
Isringhausen, Inc. SC$1.3M · 1.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475086980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.