Employers › Standex International › plan 051
Recordkeeping fees per participant · The Hourly 401(k) Savings Plan · plan year 2024
$3.31
Higher than 3% of the 14,075 plans $10 to 50M that report it.
= $3,156 / 953
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250925084831NAL0007462241001, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925084831NAL0007462241001, received 2025-09-25
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 2025-09-25.
Administrative expenses excluding investment management, per participant
$4.84
Higher than 2% of the 24,371 plans $10 to 50M that report it.
= $4,617 / 953
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250925084831NAL0007462241001, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925084831NAL0007462241001, received 2025-09-25
Administrative expenses per participant
$9.44
Higher than 3% of the 25,098 plans $10 to 50M that report it.
= $8,997 / 953
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925084831NAL0007462241001, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925084831NAL0007462241001, received 2025-09-25
Administrative expenses as a share of assets
0.043%
Higher than 12% of the 25,132 plans $10 to 50M that report it.
= $8,997 / $21,116,782
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925084831NAL0007462241001, received 2025-09-25
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250925084831NAL0007462241001, received 2025-09-25
Employer contributions per participant
$510
Higher than 7% of the 24,050 plans $10 to 50M that report it.
= $486,150 / 953
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925084831NAL0007462241001, received 2025-09-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925084831NAL0007462241001, received 2025-09-25
Employer share of total contributions
32.6%
Higher than 67% of the 24,084 plans $10 to 50M that report it.
= $486,150 / $1,489,220
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925084831NAL0007462241001, received 2025-09-25
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250925084831NAL0007462241001, received 2025-09-25
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250925084831NAL0007462241001, received 2025-09-25
| Field | Value | Source |
|---|---|---|
| Plan sponsor | STANDEX INTERNATIONAL CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Plan name | THE HOURLY 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Sponsor EIN / plan number | 31-0596149 / 051 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Sponsor location | SALEM, NH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Industry (business code) | 339900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Filing received | 2025-09-25 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Participants, beginning of year | 1,001 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Active participants | 1,131 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Participants, end of year | 1,505 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Participants with an account balance | 953 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Total assets, beginning of year | $20,400,309 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Total assets, end of year | $21,116,782 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Net assets, end of year | $21,116,782 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Total income | $4,398,366 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Net income | $759,814 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Employer contributions | $486,150 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Participant contributions | $968,885 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Other contributions (incl. rollovers) | $34,185 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Total contributions | $1,489,220 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Benefit payments | $3,629,555 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Total expenses (incl. benefit payments) | $3,638,552 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Total administrative expenses | $8,997 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Recordkeeping fees | $3,156 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Investment advisory and management fees | $4,380 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Administrative expenses excluding investment management | $4,617 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Held in common/collective trusts | $528,301 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Held in mutual funds | $20,199,401 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250925084831NAL0007462241001, received 2025-09-25 |
| Independent auditor | CARON & BLETZER | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250925084831NAL0007462241001, received 2025-09-25 |
Position = column in the DOL layout for form year 2024. Filing 20250925084831NAL0007462241001, received 2025-09-25.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $3,156 | yes |
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 20250925084831NAL0007462241001, received 2025-09-25.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $20,400,309 | $21,116,782 | 3.5% |
| Participants with a balance | 927 | 953 | 2.8% |
| Administrative expenses | $23,812 | $8,997 | -62.2% |
| Recordkeeping fees per participant | $10.90 | $3.31 | -69.6% |
| Employer contributions | $531,974 | $486,150 | -8.6% |
Prior filing 20240923154556NAL0011570241001, received 2024-09-23; the plan years are contiguous.