Plan Ledger DOL Form 5500 · updated monthly

Armstrong Medical Industries, Inc.401(k)

ARMSTRONG MEDICAL INDUSTRIES, INC. PROFIT SHARING TRUST · LINCOLNSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Armstrong Medical Industries, Inc. reported $1,125 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,333 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 0.011% to 0.009%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,122nd of 3,702), and 2,534th of 4,246 in wholesale trade. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,303,899
Participants with balances117
Active participants75
Employer contributions$400,000
Employee contributions$375,251
Employer contribution per active participant$5,333
Average account balance$113,709
Benefits paid to participants$958,684
Plan auditUnmodified (clean) audit opinion
AuditorWEISS & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 117 accts · $400K emplr
2023$13.0M · 121 accts · $400K emplr
2022$12.2M · 124 accts · $400K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160
Investment management$965
Total administrative$1,125
The Armstrong Medical Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$5,333
Median for plans this size$2,416
2024$5,333 per active participant
2023$5,063 per active participant
2022$5,000 per active participant

Armstrong Medical Industries, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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.

Administrative cost history3
2024$1,125 · 0.01%
2023$1,292 · 0.01%
2022$1,336 · 0.01%
Similar plansWholesale Trade · Illinois
Woodland Foods, LTD IL$14.6M · 0.36%
Banner Solutions IL$13.8M · 0.39%
Capitol Group, Inc. IL$13.6M · 0.70%
McCann Industries, Inc. IL$13.1M · 0.67%
Roevolution 226, LLC IL$13.0M · 0.05%
The Will Group, Inc. IL$12.9M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362592084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.