Plan Ledger DOL Form 5500 · updated monthly

The Sutphen Corp.401(k)

THE SUTPHEN CORP. 401(K) PROFIT SHARING PLAN & TRUST · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

The Sutphen Corp. reported $37,575 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $738 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 0.35%. 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 Ohio (1,844th of 3,295), and 8,125th of 13,661 in manufacturing. In 2024, employees put in $3.53 for every $1.00 the employer contributed; active participation has grown from 234 to 293 since 2022.

Plan summary
Net assets, end of year$11,671,270
Participants with balances345
Active participants293
Employer contributions$216,360
Employee contributions$763,700
Employer contribution per active participant$738
Average account balance$33,830
Benefits paid to participants$591,909
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 345 accts · $216K emplr
2023$9.8M · 289 accts · $182K emplr
2022$8.3M · 263 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,610
Investment management$8,965
Total administrative$37,575
The The Sutphen Corp. 401(k) match · 2024
Employer contribution per active participant$738
Median for plans this size$2,416
2024$738 per active participant
2023$712 per active participant
2022$685 per active participant

The Sutphen Corp.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$8,965

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

Recordkeeper by year2
2024Ameritas, CREATIVE RETIREMENT SYSTEMS
2023Ameritas, CREATIVE RETIREMENT SYSTEMS

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

Administrative cost history3
2024$37,575 · 0.35%
2023$31,077 · 0.34%
2022$30,616 · 0.36%
All plans at this employer2
THE SUTPHEN CORP. 401(K) PROFIT SHARING PLAN & TRUST401(k)
SUTPHEN CORP. MEMBERS OF TEAMSTERS LOCAL 284 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Ohio
Reading Rock, Inc. OH$11.8M · 0.35%
Aluchem, Inc. OH$11.8M · 0.32%
Graeter's Manufacturing Co. OH$11.7M · 0.32%
United Dairy, Inc. OH$11.7M · 0.16%
Kovatch Castings OH$11.6M · 0.44%
Princeton Tool, Inc. OH$11.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310671786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.