Plan Ledger DOL Form 5500 · updated monthly

Best Cutting Die Company401(k)

BEST CUTTING DIE COMPANY EMPLOYEES' PROFIT-SHARING PLAN AND TRUST · SKOKIE, IL · plan year 2022

Reported admin expense ratio · 2022
0.27%

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

Best Cutting Die Company reported $34,696 in plan administrative expenses for 2022: 0.27% of average plan assets, above the peer median. Employer contributions averaged $0 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 (2,249th of 3,702), and 8,121st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$11,684,225
Participants with balances92
Active participants109
Employer contributions$0
Employee contributions$252,446
Employer contribution per active participant$0
Average account balance$127,002
Benefits paid to participants$711,951
Plan auditUnmodified (clean) audit opinion
AuditorWEISS & COMPANY LLP
The Best Cutting Die Company 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Best Cutting Die Company's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$34,696 · 0.27%
Same employer
Similar plansManufacturing · Illinois
Madison Medical Corporation IL$11.9M · 0.84%
A.H. Management Group, Inc. IL$11.9M · 0.26%
Cozzini Bros., Inc. IL$11.7M · 0.80%
Abs Graphics, Inc. IL$11.6M · 0.01%
Ventra Evart LLC IL$11.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363464695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.