Plan Ledger DOL Form 5500 · updated monthly

Advantage Industrial Systems, LLC401(k)

ADVANTAGE INDUSTRIAL SYSTEMS, LLC 401(K) PROFIT SHARING PLAN · FRANKFORT, IL · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Advantage Industrial Systems, LLC reported $25,054 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $531 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (2,890th of 3,702), and 3,879th of 5,337 in construction. In 2022, employees put in $2.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,515,192
Participants with balances87
Active participants416
Employer contributions$221,078
Employee contributions$638,789
Employer contribution per active participant$531
Average account balance$63,393
Benefits paid to participants$213,079
Plan auditUnmodified (clean) audit opinion
AuditorSUMMIT CPA GROUP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,054
Total administrative$25,054
The Advantage Industrial Systems, LLC 401(k) match · 2022
Employer contribution per active participant$531
Median for plans this size$1,114

Advantage Industrial Systems, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$25,054 · 0.44%
Similar plansConstruction · Illinois
Painters USA, Inc. IL$6.3M · 0.85%
Blunier Builders Inc. IL$5.1M · 0.06%
Rbs Opco, LLC IL$4.3M · 0.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 421642091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.