Plan Ledger DOL Form 5500 · updated monthly

Acme Industrial Company401(k)

ACME INDUSTRIAL 401(K) SALARY REDUCTION PLAN AND TRUST · CARPENTERSVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Acme Industrial Company reported $33,832 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $403 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 0.97% to 1.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,151st of 3,702), and 11,982nd of 13,661 in manufacturing. In 2024, employees put in $5.99 for every $1.00 the employer contributed; active participation has grown from 94 to 122 since 2022.

Plan summary
Net assets, end of year$3,559,176
Participants with balances138
Active participants122
Employer contributions$49,183
Employee contributions$294,396
Employer contribution per active participant$403
Average account balance$25,791
Benefits paid to participants$218,445
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 138 accts · $49K emplr
2023$3.0M · 120 accts · $48K emplr
2022$3.0M · 115 accts · $52K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,774
Investment management$11,226
Audit (IQPA)$832
Total administrative$33,832
The Acme Industrial Company 401(k) match · 2024
Employer contribution per active participant$403
Median for plans this size$1,313
2024$403 per active participant
2023$474 per active participant
2022$550 per active participant

Acme Industrial Company's 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$1,952
GLOBAL RETIREMENT PARTNERS · Investment advisory (participants)$11,226

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$33,832 · 1.03%
2023$29,783 · 0.98%
2022$32,886 · 0.97%
Same employer
Similar plansManufacturing · Illinois
Brown Paper Goods Company IL$3.6M · 0.25%
Van Hessen USA Inc. IL$3.6M · 0.47%
Elastec, Inc. IL$3.6M · 0.11%
P&H Mfg. Co. IL$3.5M

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Source: U.S. Department of Labor, Form 5500 series, EIN 360702460 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.