Plan Ledger DOL Form 5500 · updated monthly

Superior Battery Manufacturing, Inc.401(k)

SUPERIOR BATTERY MANUFACTURING INC. PROFIT SHARING AND 401(K) PLAN · RUSSELL SPRINGS, KY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Superior Battery Manufacturing, Inc. reported $175 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $558 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 0.01% to 0.00%. 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 Kentucky (526th of 871), and 9,531st of 13,661 in manufacturing. In 2024, employees put in $3.41 for every $1.00 the employer contributed; active participation has shrunk from 154 to 125 since 2022.

Plan summary
Net assets, end of year$8,325,408
Participants with balances110
Active participants125
Employer contributions$69,705
Employee contributions$237,653
Employer contribution per active participant$558
Average account balance$75,686
Benefits paid to participants$153,773
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 110 accts · $70K emplr
2023$7.1M · 117 accts · $76K emplr
2022$5.9M · 117 accts · $84K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$175
Total administrative$175
The Superior Battery Manufacturing, Inc. 401(k) match · 2024
Employer contribution per active participant$558
Median for plans this size$1,313
2024$558 per active participant
2023$537 per active participant
2022$546 per active participant

Superior Battery Manufacturing, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SERVI$175

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$175 · 0.00%
2023$520 · 0.01%
2022$355 · 0.01%
Same employer
Similar plansManufacturing · Kentucky
C & B Marine, LLC KY$8.5M · 0.88%
Tente Casters, Inc. KY$8.4M · 0.01%
Bando USA, Inc. KY$8.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611020315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.