Plan Ledger DOL Form 5500 · updated monthly

The Sanson Company401(k)

THE SANSON COMPANY PROFIT SHARING AND RETIREMENT SAVINGS PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Sanson Company reported $5,953 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,195 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 0.13% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,312th-largest of 3,295 plans among Ohio employers on file, and the 1,876th of 4,246 in wholesale trade. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves; active participation has grown from 168 to 185 since 2022.

Plan summary
Net assets, end of year$20,251,447
Participants with balances217
Active participants185
Employer contributions$776,000
Employee contributions$659,668
Employer contribution per active participant$4,195
Average account balance$93,325
Benefits paid to participants$3,021,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 217 accts · $776K emplr
2023$19.1M · 204 accts · $770K emplr
2022$15.7M · 204 accts · $750K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,953
Total administrative$5,953
The The Sanson Company 401(k) match · 2024
Employer contribution per active participant$4,195
Median for plans this size$2,416
2024$4,195 per active participant
2023$4,556 per active participant
2022$4,464 per active participant

The Sanson Company'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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$7,303

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$5,953 · 0.03%
2023$7,794 · 0.04%
2022$21,263 · 0.13%
All plans at this employer2
THE SANSON COMPANY PROFIT SHARING AND RETIREMENT SAVINGS PLAN401(k)
THE SANSON COMPANY PROFIT SHARING PLAN AND TRUSTProfit-sharing plan
Same employer
Similar plansWholesale Trade · Ohio
Huffy Holdings Inc. OH$20.6M · 0.28%
Bgr, Inc. OH$20.5M · 0.15%
Northern Frozen Foods, Inc. OH$20.4M · 0.06%
A-Gas US Inc. OH$19.6M · 0.26%
Health Care Logistics, Inc. OH$19.5M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340697598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.