Plan Ledger DOL Form 5500 · updated monthly

System Dynamics International, Inc.401(k)

SYSTEM DYNAMICS INTERNATIONAL, INC. 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

System Dynamics International, Inc. reported $50,102 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $5,625 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 0.39%. 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 390th-largest of 902 plans among Alabama employers on file, and 7,648th of 13,661 in manufacturing. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has shrunk from 59 to 41 since 2022.

Plan summary
Net assets, end of year$13,209,135
Participants with balances105
Active participants41
Employer contributions$230,614
Employee contributions$524,495
Employer contribution per active participant$5,625
Average account balance$125,801
Benefits paid to participants$1,655,647
Plan auditUnmodified (clean) audit opinion
AuditorTHE HIGHLANDS ACCOUNTING GROUP, INC
Plan history3
Yearassets · accounts · employer contribution
2024$13.2M · 105 accts · $231K emplr
2023$12.6M · 128 accts · $236K emplr
2022$12.2M · 153 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,102
Total administrative$50,102
The System Dynamics International, Inc. 401(k) match · 2024
Employer contribution per active participant$5,625
Median for plans this size$2,416
2024$5,625 per active participant
2023$5,354 per active participant
2022$4,960 per active participant

System Dynamics International, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
OSAIC WEALTH INC · Investment advisory (plan)$27,246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$19,748
ASCENSUS · Contract administrator · Other services$3,104

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$50,102 · 0.39%
2023$55,856 · 0.45%
2022$48,012 · 0.38%
Similar plansManufacturing · Alabama
Wolverine Tube, Inc. AL$13.5M · 0.78%
Baron Weather, Inc. AL$13.5M · 0.36%
Jay Industrial Repair, Inc. AL$13.3M · 0.60%
Alphapet, Inc. AL$13.0M · 0.17%
Atap, Inc. AL$12.8M
Hanon Systems USA, LLC AL$12.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591923177 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.