Plan Ledger DOL Form 5500 · updated monthly

Sweet Street Desserts, Inc.401(k)

SWEET STREET DESSERTS, INC. PROFIT SHARING & 401(K) PLAN · READING, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Sweet Street Desserts, Inc. reported $8,726 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,272 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 0.04% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,010th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,880th of 13,661 in manufacturing. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,153,925
Participants with balances625
Active participants454
Employer contributions$1,031,430
Employee contributions$1,316,175
Employer contribution per active participant$2,272
Average account balance$59,446
Benefits paid to participants$3,937,410
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 625 accts · $1.0M emplr
2023$33.4M · 709 accts · $929K emplr
2022$26.2M · 652 accts · $841K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,560
Audit (IQPA)$166
Total administrative$8,726
The Sweet Street Desserts, Inc. 401(k) match · 2024
Employer contribution per active participant$2,272
Median for plans this size$2,416
2024$2,272 per active participant
2023$1,919 per active participant
2022$1,685 per active participant

Sweet Street Desserts, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20245
ARMANINO LLP · Contract administrator$957
ARMANINO LLP · Accounting / audit$166
THE PARAGON ALLIANCE GROUP, LLC · Contract administratorindirect comp
THE RETIREMENT PLAN COMPANY, LLC · Contract administratorindirect comp

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$8,726 · 0.02%
2023$5,815 · 0.02%
2022$11,624 · 0.04%
Same employer
Similar plansManufacturing · Pennsylvania
Danzer Services, Inc. PA$37.8M · 0.24%
Eam-Mosca Corporation PA$37.7M · 0.23%
Gelest, Inc. PA$37.1M · 0.51%
A & H Sportswear Co., Inc. PA$36.9M · 0.19%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232198512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.