Plan Ledger DOL Form 5500 · updated monthly

Abc Plumbing, Heating, Cooling & Electric, Inc.403(b)

ABC PLUMBING, HEATING, COOLING & ELECTRIC 401(K) PLAN · ARLINGTON HEIGHTS, IL · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Abc Plumbing, Heating, Cooling & Electric, Inc. reported $90,160 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,387 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 rose from 0.52% to 0.89%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (2,333rd of 3,702), and 2,998th of 5,337 in construction. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 234 to 263 since 2022.

Plan summary
Net assets, end of year$10,624,181
Participants with balances397
Active participants263
Employer contributions$627,863
Employee contributions$712,724
Employer contribution per active participant$2,387
Average account balance$26,761
Benefits paid to participants$1,873,213
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 397 accts · $628K emplr
2023$9.7M · 430 accts · $618K emplr
2022$7.0M · 347 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,756
Investment management$38,293
Audit (IQPA)$22,111
Total administrative$90,160
The Abc Plumbing, Heating, Cooling & Electric, Inc. 401(k) match · 2024
Employer contribution per active participant$2,387
Median for plans this size$2,416
2024$2,387 per active participant
2023$2,359 per active participant
2022$2,047 per active participant

Abc Plumbing, Heating, Cooling & Electric, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$8,566

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$90,160 · 0.89%
2023$56,428 · 0.68%
2022$41,231 · 0.52%
Same employer
Similar plansConstruction · Illinois
Fortis Fire & Safety Inc. IL$12.3M · 0.45%
Slab Masters, Inc. IL$12.1M · 0.54%
U.S. Waterproofing IL$10.1M · 0.65%
Optima, Inc. IL$9.3M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362665333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.