Plan Ledger DOL Form 5500 · updated monthly

Arc-Tronics, Inc.401(k)

ARC-TRONICS, INC. 401(K) PLAN · ELK GROVE VILLAGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Arc-Tronics, Inc. reported $40,565 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $213 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 0.87% to 0.94%. 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 (2,999th of 3,702), and 11,406th of 13,661 in manufacturing. In 2024, employees put in $10.00 for every $1.00 the employer contributed; active participation has grown from 134 to 171 since 2022.

Plan summary
Net assets, end of year$4,628,171
Participants with balances134
Active participants171
Employer contributions$36,489
Employee contributions$364,886
Employer contribution per active participant$213
Average account balance$34,539
Benefits paid to participants$333,236
Plan auditUnmodified (clean) audit opinion
AuditorWEISS & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 134 accts · $36K emplr
2023$4.0M · 128 accts · $30K emplr
2022$3.1M · 116 accts · $26K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,565
Total administrative$40,565
The Arc-Tronics, Inc. 401(k) match · 2024
Employer contribution per active participant$213
Median for plans this size$1,313
2024$213 per active participant
2023$200 per active participant
2022$198 per active participant

Arc-Tronics, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping$388
MERRILL LYNCH · Investment advisory (participants)indirect 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
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$40,565 · 0.94%
2023$32,830 · 0.93%
2022$29,617 · 0.87%
Same employer
Similar plansManufacturing · Illinois
Lyon & Healy Harps, Inc. IL$5.0M · 0.12%
Eagle Flexible Packaging IL$4.8M · 0.58%
National Cycle, Inc. IL$4.7M · 0.44%
Surftec Enterprises, Inc. IL$4.6M · 0.45%
Mac Medical, Inc. IL$4.6M · 0.73%
Spider Company, Inc. IL$4.5M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362754459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.