Plan Ledger DOL Form 5500 · updated monthly

American Louver Company401(k)

AMERICAN LOUVER COMPANY PROFIT SHARING / 401(K) PLAN · DES PLAINES, IL · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

American Louver Company reported $53,853 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,290 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 fell from 0.60% to 0.55%. 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 (2,313th of 3,702), and 8,430th of 13,661 in manufacturing. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,836,285
Participants with balances255
Active participants204
Employer contributions$263,238
Employee contributions$731,174
Employer contribution per active participant$1,290
Average account balance$42,495
Benefits paid to participants$457,065
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS CPA
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 255 accts · $263K emplr
2023$8.7M · 237 accts · $239K emplr
2022$6.9M · 233 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,872
Investment management$23,981
Total administrative$53,853
The American Louver Company 401(k) match · 2024
Employer contribution per active participant$1,290
Median for plans this size$1,313
2024$1,290 per active participant
2023$1,433 per active participant
2022$1,179 per active participant

American Louver Company's 2024 employer contribution ran below the $1,313 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
ASCENSUS LLC · Loan processing · Recordkeeping$29,933
CREATIVE PLANNING. · Investment advisory (plan)$23,981

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$53,853 · 0.55%
2023$50,916 · 0.65%
2022$46,355 · 0.60%
Same employer
Similar plansManufacturing · Illinois
Union Special LLC IL$11.1M · 0.50%
Commercial Plastics Company IL$11.1M · 0.52%
Certor Sports, LLC IL$11.0M · 0.05%
Stampede Meat, Inc. IL$10.9M · 0.75%
Wise Plastics Technologies IL$10.8M · 0.83%
Fabrik Industries, Inc. IL$10.6M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 361372131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.