Plan Ledger DOL Form 5500 · updated monthly

Automotive Keys Group, LLC401(k)

AUTOMOTIVE KEYS GROUP 401(K) PLAN · VERNON HILLS, IL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Automotive Keys Group, LLC reported $27,515 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $1,557 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 0.27% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,583rd of 3,702), and 8,631st of 11,654 in professional & technical services. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 214 to 272 since 2022.

Plan summary
Net assets, end of year$8,152,247
Participants with balances265
Active participants272
Employer contributions$423,391
Employee contributions$1,200,778
Employer contribution per active participant$1,557
Average account balance$30,763
Benefits paid to participants$1,457,532
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 265 accts · $423K emplr
2023$7.0M · 307 accts · $494K emplr
2022$4.2M · 205 accts · $382K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,515
Total administrative$27,515
The Automotive Keys Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,557
Median for plans this size$1,313
2024$1,557 per active participant
2023$1,501 per active participant
2022$1,785 per active participant

Automotive Keys Group, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$27,514
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$27,515 · 0.36%
2023$19,640 · 0.35%
2022$9,138 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Illinois
Kalderos, Inc. IL$8.4M · 0.23%
W-T Engineering, LLC IL$8.4M · 0.06%
Kranze Technology IL$8.3M · 0.47%
Healthjoy LLC IL$8.1M · 0.38%
Showpad Inc. IL$8.0M · 0.28%
Elevate Care, Inc. IL$8.0M · 2.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 845038155 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.