Plan Ledger DOL Form 5500 · updated monthly

Advancion Corporation401(k)

ANGUS CHEMICAL COMPANY 401(K) AND PROFIT SHARING PLAN · BUFFALO GROVE, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Advancion Corporation reported $10,617 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,912 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 0.031%. 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 1,109th-largest of 3,702 plans among Illinois employers on file, and the 3,723rd of 13,661 in manufacturing. In 2024, employees put in $2.90 for every $1.00 the employer contributed; active participation has grown from 238 to 262 since 2022.

Plan summary
Net assets, end of year$39,405,925
Participants with balances333
Active participants262
Employer contributions$1,025,043
Employee contributions$2,968,926
Employer contribution per active participant$3,912
Average account balance$118,336
Benefits paid to participants$2,591,073
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.4M · 333 accts · $1.0M emplr
2023$29.8M · 292 accts · $894K emplr
2022$23.4M · 303 accts · $850K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,617
Total administrative$10,617
The Advancion Corporation 401(k) match · 2024
Employer contribution per active participant$3,912
Median for plans this size$2,416
2024$3,912 per active participant
2023$3,885 per active participant
2022$3,573 per active participant

Advancion Corporation's 2024 employer contribution ran above 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
ADP, INC. · Loan processing · Recordkeeping$10,617
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
2023ADP

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

Administrative cost history3
2024$10,617 · 0.03%
2023$9,726 · 0.04%
2022$8,005 · 0.03%
Same employer
Similar plansManufacturing · Illinois
Gonnella Baking Co. IL$40.4M · 0.24%
Rli Services, LLC IL$40.3M · 0.35%
Ppc Flexible Packaging, LLC IL$40.0M · 0.08%
Prairie Farms Dairy, Inc. IL$39.0M · 0.29%
Unilock Chicago, Inc. IL$38.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363185557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.