Plan Ledger DOL Form 5500 · updated monthly

Sycamore Services, Inc401(k)

SYCAMORE SERVICES 401(K) PLAN · DANVILLE, IN · plan year 2023

Reported admin expense ratio · 2023
0.96%

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

Sycamore Services, Inc reported $49,556 in plan administrative expenses for 2023: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,286 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 1.06% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,134th of 1,562), and 7,633rd of 11,911 in health care & social assistance. In 2023, the employer put in $1.58 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,488,177
Participants with balances261
Active participants353
Employer contributions$453,849
Employee contributions$287,106
Employer contribution per active participant$1,286
Average account balance$21,027
Benefits paid to participants$641,945
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 258 accts · $389K emplr
2023$5.5M · 261 accts · $454K emplr
2022$4.8M · 224 accts · $338K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,002
Investment management$19,554
Total administrative$49,556
The Sycamore Services, Inc 401(k) match · 2023
Employer contribution per active participant$1,286
Median for plans this size$1,308
2024$893 per active participant
2023$1,286 per active participant
2022$929 per active participant

Sycamore Services, Inc's 2023 employer contribution ran below the $1,308 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 · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,002
OPPENHEIMER & CO, INC. · Investment advisory (plan)$19,544

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$49,295 · 0.91%
2023$49,556 · 0.96%
2022$48,366 · 1.06%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Aba Programming Inc IN$5.2M · 0.17%
Lifestream Services Inc IN$5.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351064235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.