Plan Ledger DOL Form 5500 · updated monthly

Sunnen Products Company401(k)

SUNNEN EMPLOYEES' RETIREMENT PLAN · ST. LOUIS, MO · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Sunnen Products Company reported $137,724 in plan administrative expenses for 2023: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,791 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 3 years on file its reported administrative ratio has held roughly steady near 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 191st-largest of 1,393 plans among Missouri employers on file, and the 1,940th of 13,661 in manufacturing. In 2023, employees put in $3.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$98,148,653
Participants with balances542
Active participants386
Employer contributions$691,230
Employee contributions$2,297,739
Employer contribution per active participant$1,791
Average account balance$181,086
Benefits paid to participants$10,190,759
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$95.4M · 527 accts · $635K emplr
2023$98.1M · 542 accts · $691K emplr
2022$91.5M · 544 accts · $620K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,215
Investment management$10,509
Total administrative$137,724
The Sunnen Products Company 401(k) match · 2023
Employer contribution per active participant$1,791
Median for plans this size$3,659
2024$1,814 per active participant
2023$1,791 per active participant
2022$1,558 per active participant

Sunnen Products Company's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MONETA GROUP · Consulting$75,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,215
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,509

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$117,779 · 0.12%
2023$137,724 · 0.15%
2022$130,266 · 0.13%
Same employer
Similar plansManufacturing · Missouri
Schell & Kampeter, Inc. MO$116.5M · 0.27%
Orscheln Industries MO$114.0M · 0.29%
Spartech LLC MO$100.7M · 0.17%
Multivac, Inc. MO$92.3M · 0.04%
Lmi Aerospace, Inc. MO$89.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430543500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.