Plan Ledger DOL Form 5500 · updated monthly

Superior Controls,Inc.401(k)

REDVIKING, 401(K) PROFIT SHARING PLAN · PLYMOUTH, MI · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Superior Controls,Inc. reported $25,399 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,932 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 has held roughly steady near 0.080%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 702nd-largest of 2,619 plans among Michigan employers on file, and the 3,729th of 11,654 in professional & technical services. In 2023, employees put in $3.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,590,840
Participants with balances283
Active participants186
Employer contributions$545,267
Employee contributions$2,027,861
Employer contribution per active participant$2,932
Average account balance$122,229
Benefits paid to participants$2,128,208
Plan auditUnmodified (clean) audit opinion
AuditorDOYLE & ASSOCIATES, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $581K emplr
2023$34.6M · 283 accts · $545K emplr
2022$28.8M · 271 accts · $484K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,399
Total administrative$25,399
The Superior Controls,Inc. 401(k) match · 2023
Employer contribution per active participant$2,932
Median for plans this size$2,440
2023$2,932 per active participant
2022$2,734 per active participant

Superior Controls,Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$25,399

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024Not separately reported
2023$25,399 · 0.08%
2022$24,144 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Michigan
Design Systems, Inc. MI$35.9M · 0.21%
Peter Basso Associates, Inc MI$34.8M · 0.01%
Nth Consultants LTD MI$33.9M · 0.16%
3-DIMENSIONAL Services Inc. MI$32.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382705513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.