Plan Ledger DOL Form 5500 · updated monthly

Accurate Perforating Company, Inc.401(k)

ACCURATE PERFORATING COMPANY, INC. 401(K) PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Accurate Perforating Company, Inc. reported $31,878 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $258 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 fell from 0.26% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,132nd of 3,702), and 7,691st of 13,661 in manufacturing. In 2023, employees put in $9.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,085,462
Participants with balances153
Active participants236
Employer contributions$60,969
Employee contributions$586,798
Employer contribution per active participant$258
Average account balance$85,526
Benefits paid to participants$805,156
Plan auditUnmodified (clean) audit opinion
AuditorOSTROW REISIN BERK AND ABRAMS LTD
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 148 accts · $61K emplr
2023$13.1M · 153 accts · $61K emplr
2022$11.3M · 160 accts · $68K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,848
Investment management$3,030
Total administrative$31,878
The Accurate Perforating Company, Inc. 401(k) match · 2023
Employer contribution per active participant$258
Median for plans this size$2,440
2024$229 per active participant
2023$258 per active participant
2022$262 per active participant

Accurate Perforating Company, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,848

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

Administrative cost history3
2024$31,776 · 0.24%
2023$31,878 · 0.26%
2022$29,728 · 0.26%
Same employer
Similar plansManufacturing · Illinois
Control Solutions LLC IL$13.3M · 0.06%
T/Cci Manufacturing, L.L.C. IL$13.2M · 0.16%
Bourn and Koch, LLC IL$13.2M · 0.07%
Csc - Indiana, LLC IL$13.2M · 0.56%
Accord Carton LLC IL$13.1M · 0.04%
Lyon, LLC IL$13.0M · 0.59%
Nu-Way Industries, Inc. IL$13.0M · 0.56%
Arxium, Inc. IL$13.0M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362085799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.