Plan Ledger DOL Form 5500 · updated monthly

Superior Dairy, Inc.401(k)

SUPERIOR DAIRY, INC. 401(K) SAVINGS PLAN & TRUST · CANTON, OH · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Superior Dairy, Inc. reported $32,617 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,490 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 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,864th of 3,295), and 8,190th of 13,661 in manufacturing. In 2023, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,488,407
Participants with balances120
Active participants73
Employer contributions$108,786
Employee contributions$371,129
Employer contribution per active participant$1,490
Average account balance$95,737
Benefits paid to participants$570,301
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 97 accts · $103K emplr
2023$11.5M · 120 accts · $109K emplr
2022$9.6M · 124 accts · $110K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,617
Investment management$15,000
Total administrative$32,617
The Superior Dairy, Inc. 401(k) match · 2023
Employer contribution per active participant$1,490
Median for plans this size$2,440
2024$1,560 per active participant
2023$1,490 per active participant
2022$1,398 per active participant

Superior Dairy, Inc.'s 2023 employer contribution ran below 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 · 20233
ADP, INC. · Loan processing · Recordkeeping$17,617
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$15,000
ADP BROKER-DEALERindirect 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, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$28,604 · 0.26%
2023$32,617 · 0.31%
2022$30,039 · 0.25%
All plans at this employer2
SUPERIOR DAIRY, INC. DAIRY UNION EMPLOYEES 401(K) SAVINGS PLAN401(k)
SUPERIOR DAIRY, INC. 401(K) SAVINGS PLAN & TRUST401(k)
Similar plansManufacturing · Ohio
Ft Precision Inc. OH$11.5M · 0.09%
Rfd Beaufort Inc. OH$11.5M · 0.68%
Vinylmax LLC OH$11.5M · 0.68%
Haver Tyler, Inc. OH$11.4M · 0.20%
B-K Tool & Design, Inc. OH$11.4M · 0.02%
Techmetals, Inc. OH$11.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340564691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.