Plan Ledger DOL Form 5500 · updated monthly

Syntha Group, Inc.401(k)

SYNTHA GROUP, INC. PROFIT SHARING AND 401(K) PLAN · HIGH POINT, NC · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Syntha Group, Inc. reported $85,760 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,619 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 0.194%. 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 398th-largest of 2,005 plans among North Carolina employers on file, and the 3,332nd of 13,661 in manufacturing. In 2024, employees put in $2.75 for every $1.00 the employer contributed; active participation has grown from 332 to 366 since 2022.

Plan summary
Net assets, end of year$46,244,478
Participants with balances438
Active participants366
Employer contributions$958,702
Employee contributions$2,631,870
Employer contribution per active participant$2,619
Average account balance$105,581
Benefits paid to participants$5,526,553
Plan auditUnmodified (clean) audit opinion
AuditorBRESLOW STARLING FROST WARNER BOGER
Plan history3
Yearassets · accounts · employer contribution
2024$46.2M · 438 accts · $959K emplr
2023$42.2M · 412 accts · $906K emplr
2022$36.8M · 432 accts · $858K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,379
Investment management$58,381
Total administrative$85,760
The Syntha Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,619
Median for plans this size$2,416
2024$2,619 per active participant
2023$2,649 per active participant
2022$2,585 per active participant

Syntha Group, Inc.'s 2024 employer contribution ran above 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 · 20242
MMA SECURITIES LLC · Investment advisory (plan)$58,381

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$85,760 · 0.19%
2023$60,751 · 0.15%
2022$75,206 · 0.19%
Same employer
Similar plansManufacturing · North Carolina
Ngk Ceramics USA, Inc. NC$48.9M · 0.17%
Porvair Corporation NC$48.3M · 0.25%
Sherrill Furniture Company NC$47.5M · 0.31%
Cv Industries NC$46.5M · 0.00%
Nederman Holding USA, Inc. NC$45.8M · 0.22%
Stallergenes Greer NC$44.9M · 0.13%
Culp Inc NC$44.7M · 0.30%
Renfro Brands LLC NC$44.2M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560668042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.