Plan Ledger DOL Form 5500 · updated monthly

American Labelmark Company401(k)

AMERICAN LABELMARK COMPANY EMPLOYEES' SAVINGS & RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

American Labelmark Company reported $8,377 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,895 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 0.029% to 0.032%. 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 1,406th-largest of 3,702 plans among Illinois employers on file, and the 4,825th of 13,661 in manufacturing. In 2024, employees put in $3.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,276,749
Participants with balances258
Active participants209
Employer contributions$396,137
Employee contributions$1,355,072
Employer contribution per active participant$1,895
Average account balance$105,724
Benefits paid to participants$2,268,625
Plan auditUnmodified (clean) audit opinion
AuditorSASSETTI LLC
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 258 accts · $396K emplr
2023$24.5M · 249 accts · $382K emplr
2022$20.1M · 262 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,377
Total administrative$8,377
The American Labelmark Company 401(k) match · 2024
Employer contribution per active participant$1,895
Median for plans this size$2,416
2024$1,895 per active participant
2023$1,921 per active participant
2022$1,851 per active participant

American Labelmark Company's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$8,377
ALLIANCE PENSION CONSULTANTS LLC · Other servicesindirect comp

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$8,377 · 0.03%
2023$8,232 · 0.04%
2022$6,211 · 0.03%
Same employer
Similar plansManufacturing · Illinois
Robertshaw Controls Company IL$27.9M · 0.06%
Ha International, LLC IL$27.5M · 0.23%
Ds Containers, Inc. IL$27.4M · 0.43%
Trim-Tex, Inc. IL$27.2M · 0.17%
Watersaver Faucet Co. IL$27.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363484503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.