Plan Ledger DOL Form 5500 · updated monthly

Sweeteners Plus LLC401(k)

SWEETENERS PLUS LLC 401(K) PROFIT SHARING PLAN AND TRUST · LAKEVILLE, NY · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Sweeteners Plus LLC reported $22,491 in plan administrative expenses for 2023: 0.32% of average plan assets, below the peer median. Employer contributions averaged $2,834 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 rose from 0.36% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,016th of 5,648), and 9,953rd of 13,661 in manufacturing. In 2023, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,385,067
Participants with balances222
Active participants154
Employer contributions$436,442
Employee contributions$763,849
Employer contribution per active participant$2,834
Average account balance$33,266
Benefits paid to participants$2,031,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 188 accts · $426K emplr
2023$7.4M · 222 accts · $436K emplr
2022$6.7M · 189 accts · $393K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,491
Total administrative$22,491
The Sweeteners Plus LLC 401(k) match · 2023
Employer contribution per active participant$2,834
Median for plans this size$1,308
2024$3,043 per active participant
2023$2,834 per active participant
2022$2,453 per active participant

Sweeteners Plus LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$22,491
CHARLES SCHWAB TRUST COMPANY · Custodial (securities)indirect 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
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$28,134 · 0.38%
2023$22,491 · 0.32%
2022$24,138 · 0.36%
Same employer
Similar plansManufacturing · New York
Monofrax LLC NY$7.5M · 0.46%
George Industries, LLC NY$7.5M · 0.25%
Icc Industries Inc. NY$7.5M · 0.00%
Gp 50 New York LTD. NY$7.5M · 0.92%
Byheart, Inc. NY$7.4M · 0.39%
Unicell Body Co., Inc. NY$7.3M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833911751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.