Plan Ledger DOL Form 5500 · updated monthly

Systrand Manufacturing Corp.401(k)

SYSTRAND MANUFACTURING CORP. PROFIT SHARING PLAN AND TRUST · BROWNSTOWN, MI · plan year 2022

Reported admin expense ratio · 2022
0.04%

Systrand Manufacturing Corp. reported $1,545 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,239th of 2,619), and 12,228th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$3,096,545
Participants with balances84
Active participants92
Employer contributions—
Employee contributions$180,584
Employer contribution per active participant—
Average account balance$36,864
Benefits paid to participants$409,538
Plan auditUnmodified (clean) audit opinion
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,545 · 0.04%
Same employer
Similar plansManufacturing · Michigan
Majestic Industries, LLC MI$3.1M · 0.90%
Cherry Republic, Inc. MI$3.1M · 0.38%
Apex Marine, Inc. MI$3.1M · 0.20%
W International MI$3.0M · 0.71%
The F.P. Horak Company MI$2.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382510273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.