Plan Ledger DOL Form 5500 · updated monthly

The Suter Company, Inc.401(k)

THE SUTER COMPANY EMPLOYEES' SAVINGS & RETIREMENT PLAN · SYCAMORE, IL · plan year 2024

Reported admin expense ratio · 2024
0.30%

The Suter Company, Inc. reported $47,098 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. 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 rose from 0.21% to 0.30%. 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 among the smaller plans on file in Illinois (1,870th of 3,702), and the 6,583rd of 13,661 in manufacturing. active participation has grown from 323 to 369 since 2022.

Plan summary
Net assets, end of year$16,956,239
Participants with balances359
Active participants369
Employer contributions—
Employee contributions$1,002,920
Employer contribution per active participant—
Average account balance$47,232
Benefits paid to participants$692,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 359 accts
2023$14.2M · 339 accts · $356 emplr
2022$14.2M · 349 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,888
Investment management$25,210
Total administrative$47,098
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
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$21,888
QUALIFIED PLAN ADVISORS · Consulting · Investment advisory (participants)$25,210
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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Administrative cost history3
2024$47,098 · 0.30%
2023$49,264 · 0.35%
2022$33,748 · 0.21%
All plans at this employer2
THE SUTER COMPANY EMPLOYEES' SAVINGS & RETIREMENT PLAN401(k)
THE SUTER COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Illinois
Eakas Corporation IL$17.2M · 0.13%
Dudek & Bock Spring Mfg IL$17.1M · 0.10%
Lawter, Inc. IL$16.9M · 0.02%
Bag Makers, Inc. IL$16.7M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362319132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.