Plan Ledger DOL Form 5500 · updated monthly

Big Bolt, LLC401(k)

BIG BOLT 401(K) PLAN · BLOOMINGDALE, IL · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Big Bolt, LLC reported $22,126 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,663 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 0.22% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,449th of 3,702), and 9,083rd of 13,661 in manufacturing. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has shrunk from 144 to 123 since 2022.

Plan summary
Net assets, end of year$9,334,868
Participants with balances143
Active participants123
Employer contributions$204,575
Employee contributions$542,772
Employer contribution per active participant$1,663
Average account balance$65,279
Benefits paid to participants$1,301,949
Plan auditUnmodified (clean) audit opinion
AuditorTOPEL FORMAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 143 accts · $205K emplr
2023$8.8M · 143 accts · $175K emplr
2022$7.1M · 132 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,126
Total administrative$22,126
The Big Bolt, LLC 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$1,313
2024$1,663 per active participant
2023$1,446 per active participant
2022$1,362 per active participant

Big Bolt, 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$22,125
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$22,126 · 0.24%
2023$21,049 · 0.27%
2022$17,585 · 0.22%
Same employer
Similar plansManufacturing · Illinois
Kauffman Engineering, LLC IL$9.5M · 0.09%
Round Ground Metals, Inc. IL$9.4M · 0.02%
PNC, Inc. IL$9.3M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 842623992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.