Plan Ledger DOL Form 5500 · updated monthly

Aspeq Heating Group LLC401(k)

ASPEQ 401(K) SAVINGS PLAN · ST LOUIS, MO · plan year 2023

Reported admin expense ratio · 2023
0.50%

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

Aspeq Heating Group LLC reported $97,623 in plan administrative expenses for 2023: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,743 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 1 year on file its reported administrative ratio rose from 0.43% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 572nd-largest of 1,393 plans among Missouri employers on file, and the 5,666th of 13,661 in manufacturing. In 2023, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,447,001
Participants with balances497
Active participants436
Employer contributions$759,999
Employee contributions$1,421,483
Employer contribution per active participant$1,743
Average account balance$43,153
Benefits paid to participants$1,133,169
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$21.4M · 497 accts · $760K emplr
2022$17.2M · 434 accts · $535K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$54,112
Investment management$28,124
Trustee / custodial$15,387
Total administrative$97,623
The Aspeq Heating Group LLC 401(k) match · 2023
Employer contribution per active participant$1,743
Median for plans this size$2,440
2023$1,743 per active participant
2022$1,411 per active participant

Aspeq Heating Group LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
USI CONSULTING GROUP · Recordkeeping · Consulting$54,112
FIDUCIARY ADVISORS · Investment advisory (participants) · Investment advisory (plan)$28,124
MATRIX FINANICAL SOLUTIONS, INC. · Trustee$15,387

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

Administrative cost history2
2023$97,623 · 0.50%
2022$72,486 · 0.43%
Similar plansManufacturing · Missouri
Vsm Abrasives Corporation MO$21.9M · 0.07%
American Plastics, LLC MO$21.9M · 1.49%
Sinclair and Rush, Inc. MO$21.8M · 0.46%
Ridewell Corporation MO$21.6M · 0.24%
Aspen Products, Inc. MO$21.4M · 0.87%
Moly-Cop USA LLC MO$21.1M · 0.36%
Vance Brothers, Inc. MO$21.1M · 0.43%
Foam Supplies, Inc. MO$20.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474333733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.