Plan Ledger DOL Form 5500 · updated monthly

Assertio Management, LLC401(k)

ASSERTIO MANAGEMENT, LLC 401(K) RETIREMENT PLAN · LAKE FOREST, IL · plan year 2022

Reported admin expense ratio · 2022
0.39%

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

Assertio Management, LLC reported $63,233 in plan administrative expenses for 2022: 0.39% of average plan assets, above the peer median. Employer contributions averaged $6,251 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,003rd of 3,702), and 7,143rd of 13,661 in manufacturing. In 2022, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,819,953
Participants with balances246
Active participants29
Employer contributions$181,293
Employee contributions$353,140
Employer contribution per active participant$6,251
Average account balance$60,244
Benefits paid to participants$667,600
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$63,233
Total administrative$63,233
The Assertio Management, LLC 401(k) match · 2022
Employer contribution per active participant$6,251
Median for plans this size$2,266

Assertio Management, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$63,233 · 0.39%
Similar plansManufacturing · Illinois
Mervis Industries, Inc. IL$15.2M · 0.53%
Harger, Inc. IL$15.0M · 0.32%
Lifeway Foods, Inc. IL$15.0M · 0.41%
Forge Resources Group IL$14.9M · 0.19%
Swd, Inc. IL$14.8M · 0.03%
Vienna Beef LTD. IL$14.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943229046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.