Employers › SIFCO Industries
Recordkeeping fees per participant · Sifco Industries, Inc. Employees' 401(k) Plan · plan year 2024
$141.06
Higher than 75% of the 14,075 plans $10 to 50M that report it.
= $32,020 / 227
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015153652NAL0006783888001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015153652NAL0006783888001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$141.06
Higher than 58% of the 24,371 plans $10 to 50M that report it.
= $32,020 / 227
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015153652NAL0006783888001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015153652NAL0006783888001, received 2025-10-15
Administrative expenses per participant
$291.12
Higher than 70% of the 25,098 plans $10 to 50M that report it.
= $66,084 / 227
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015153652NAL0006783888001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015153652NAL0006783888001, received 2025-10-15
Administrative expenses as a share of assets
0.343%
Higher than 59% of the 25,132 plans $10 to 50M that report it.
= $66,084 / $19,277,632
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015153652NAL0006783888001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015153652NAL0006783888001, received 2025-10-15
Employer contributions per participant
$2,456
Higher than 61% of the 24,050 plans $10 to 50M that report it.
= $557,419 / 227
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015153652NAL0006783888001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015153652NAL0006783888001, received 2025-10-15
Employer share of total contributions
34.7%
Higher than 74% of the 24,084 plans $10 to 50M that report it.
= $557,419 / $1,606,244
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015153652NAL0006783888001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015153652NAL0006783888001, received 2025-10-15
Employer match
“The Company makes non-discretionary, regular matching contributions to this plan equal to an amount that represents one hundred percent (100%) of a participant’s deferral contribution up to one percent (1%) of eligible compensation plus eighty percent (80%) of a participant’s deferral contribution between one percent (1%) and six percent (6%) of eligible compensation.”
Form 10-K filed 2025-12-22, for the year ended 2025-09-30 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-09-30. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3B · 3D IRS pre-approved plan · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015153652NAL0006783888001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SIFCO INDUSTRIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Plan name | SIFCO INDUSTRIES, INC. EMPLOYEES' 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Sponsor EIN / plan number | 34-0553950 / 006 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Sponsor location | CLEVELAND, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Industry (business code) | 332110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Participants, beginning of year | 237 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Active participants | 146 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Participants, end of year | 233 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Participants with an account balance | 227 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Total assets, beginning of year | $19,446,064 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Total assets, end of year | $19,277,632 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Net assets, end of year | $19,277,059 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Total income | $3,907,241 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Net income | $-169,005 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Employer contributions | $557,419 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Participant contributions | $949,861 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $98,964 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Total contributions | $1,606,244 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Benefit payments | $4,009,166 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $4,076,246 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Total administrative expenses | $66,084 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Recordkeeping fees | $32,020 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Investment advisory and management fees | $34,064 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Administrative expenses excluding investment management | $32,020 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Held in mutual funds | $15,878,227 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015153652NAL0006783888001, received 2025-10-15 |
| Independent auditor | CBIZ CPAS P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015153652NAL0006783888001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015153652NAL0006783888001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $32,623 | yes |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $26,778 | no |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | 28 Investment management | $7,286 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015153652NAL0006783888001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $19,446,064 | $19,277,632 | -0.9% |
| Participants with a balance | 227 | 227 | 0.0% |
| Administrative expenses | $63,129 | $66,084 | 4.7% |
| Recordkeeping fees per participant | $141.26 | $141.06 | -0.1% |
| Employer contributions | $481,938 | $557,419 | 15.7% |
Prior filing 20241015142822NAL0029976017001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: SIFCO INDUSTRIES, INC.; SEC registrant: SIFCO INDUSTRIES INC (CIK 90168, matched by EIN; display name from the Form 10-K cover).