Plan Ledger DOL Form 5500 · updated monthly

Alin Machining Co, Inc. dba Power Plant Services, Inc.401(k)

POWER PLANT SERVICES, INC. PROFIT SHARING 401(K) PLAN · MELROSE PARK, IL · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Alin Machining Co, Inc. dba Power Plant Services, Inc. reported $32,997 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,854 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,004th of 3,702), and 7,146th of 13,661 in manufacturing. In 2022, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,814,987
Participants with balances207
Active participants311
Employer contributions$576,605
Employee contributions$1,247,675
Employer contribution per active participant$1,854
Average account balance$71,570
Benefits paid to participants$2,761,847
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $573K emplr
2022$14.8M · 207 accts · $577K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$32,997
Total administrative$32,997
The Alin Machining Co, Inc. dba Power Plant Services, Inc. 401(k) match · 2022
Employer contribution per active participant$1,854
Median for plans this size$2,266

Alin Machining Co, Inc. dba Power Plant Services, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$32,997 · 0.20%
Same employer
Similar plansManufacturing · Illinois
Harger, Inc. IL$15.0M · 0.32%
Lifeway Foods, Inc. IL$15.0M · 0.41%
Forge Resources Group IL$14.9M · 0.19%
Assertio Management, LLC IL$14.8M · 0.39%
Swd, Inc. IL$14.8M · 0.03%
Vienna Beef LTD. IL$14.7M · 0.00%
Perfection Plating, Inc. IL$14.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364259142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.