Plan Ledger DOL Form 5500 · updated monthly

Anamet Electrical, Inc.401(k)

ANAMET ELECTRICAL, INC. SAVINGS PLAN · MATTOON, IL · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Anamet Electrical, Inc. reported $34,637 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,608 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 3 years on file its reported administrative ratio has held roughly steady near 0.57%. 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 (2,782nd of 3,702), and 10,439th of 13,661 in manufacturing. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,466,954
Participants with balances110
Active participants110
Employer contributions$176,876
Employee contributions$488,105
Employer contribution per active participant$1,608
Average account balance$58,790
Benefits paid to participants$382,644
Plan auditUnmodified (clean) audit opinion
AuditorDOEHRING WINDERS & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 110 accts · $177K emplr
2023$5.6M · 111 accts · $174K emplr
2022$5.9M · 105 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,728
Investment management$16,909
Total administrative$34,637
The Anamet Electrical, Inc. 401(k) match · 2024
Employer contribution per active participant$1,608
Median for plans this size$1,313
2024$1,608 per active participant
2023$1,639 per active participant
2022$1,453 per active participant

Anamet Electrical, Inc.'s 2024 employer contribution ran above 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$17,727
MML INVESTORS SERVICES, INC. · Recordkeeping · Trustee$16,909
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, MML INVESTORS SERVICES, INC.
2023ADP, MML INVESTORS SERVICES, INC.

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Administrative cost history3
2024$34,637 · 0.57%
2023$34,211 · 0.60%
2022$37,081 · 0.58%
Similar plansManufacturing · Illinois
Flex-N-Gate Royal Oak LLC IL$6.5M · 0.25%
Stonepeak Ceramics, Inc. IL$6.5M · 0.70%
Iconn Systems LLC IL$6.4M · 0.07%
The Intec Group, Inc. IL$6.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371300937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.