Plan Ledger DOL Form 5500 · updated monthly

Agrati USA Corp.401(k)

AUTOMOTIVE FASTENER GROUP 401(K) PROFIT SHARING PLAN · PARK FOREST, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Agrati USA Corp. reported $85,085 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,304 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 0.27% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,484th-largest of 3,702 plans among Illinois employers on file, and the 5,118th of 13,661 in manufacturing. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,050,096
Participants with balances467
Active participants414
Employer contributions$539,657
Employee contributions$1,405,269
Employer contribution per active participant$1,304
Average account balance$53,640
Benefits paid to participants$3,022,861
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 467 accts · $540K emplr
2023$23.3M · 653 accts · $693K emplr
2022$20.0M · 517 accts · $602K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,215
Investment management$33,870
Total administrative$85,085
The Agrati USA Corp. 401(k) match · 2024
Employer contribution per active participant$1,304
Median for plans this size$2,416
2024$1,304 per active participant
2023$1,616 per active participant
2022$1,370 per active participant

Agrati USA Corp.'s 2024 employer contribution ran below the $2,416 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 · 20243
FIFTH THIRD BANK · Investment advisory (plan)$27,966
EMPOWER ADVISORY GROUP, LLC · Investment management$5,904

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$85,085 · 0.35%
2023$68,754 · 0.32%
2022$59,019 · 0.27%
Similar plansManufacturing · Illinois
Cambridge Brands, Inc. IL$25.3M · 0.03%
Alton Steel, Inc. IL$25.3M · 0.40%
Greenleaf Foods, Spc IL$25.1M · 0.21%
Revcor, Inc. IL$25.1M · 0.21%
Nudo Products, Inc. IL$24.8M · 0.34%
Visual Pak Company IL$24.7M · 0.15%
Thermos L.L.C. IL$24.4M · 0.08%
Goellner, Inc. IL$24.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364810440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.