Plan Ledger DOL Form 5500 · updated monthly

Apex Material Handling Corp. of Illinois401(k)

APEX MATERIAL HANDLING CORPORATION 401(K) PLAN AND TRUST · WEST CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Apex Material Handling Corp. of Illinois reported $24,595 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,777 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,727th of 3,702), and 3,369th of 4,246 in wholesale trade. In 2022, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,978,132
Participants with balances72
Active participants137
Employer contributions$243,472
Employee contributions$563,381
Employer contribution per active participant$1,777
Average account balance$96,919
Benefits paid to participants$223,478
Plan auditUnmodified (clean) audit opinion
AuditorCATALANO, CABOOR, & CO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,595
Investment management$16,000
Total administrative$24,595
The Apex Material Handling Corp. of Illinois 401(k) match · 2022
Employer contribution per active participant$1,777
Median for plans this size$1,114

Apex Material Handling Corp. of Illinois's 2022 employer contribution ran above the $1,114 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 history1
2022$24,595 · 0.33%
Same employer
Similar plansWholesale Trade · Illinois
Plews, Inc. IL$7.1M · 0.02%
Stone Wheel, Inc. IL$7.1M · 0.54%
Sievers Equipment Company IL$5.9M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203076571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.