Plan Ledger DOL Form 5500 · updated monthly

Boss Holdings, Inc.401(k)

BOSS HOLDINGS, INC. 401(K) PROFIT SHARING RETIREMENT PLAN · KEWANEE, IL · plan year 2022

Reported admin expense ratio · 2022
0.42%

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

Boss Holdings, Inc. reported $27,693 in plan administrative expenses for 2022: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,168 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 fell from 0.42% to 0.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,901st of 3,702), and 3,577th of 4,246 in wholesale trade. In 2022, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,427,130
Participants with balances143
Active participants177
Employer contributions$206,739
Employee contributions$331,729
Employer contribution per active participant$1,168
Average account balance$37,952
Benefits paid to participants$1,869,261
Plan auditUnmodified (clean) audit opinion
AuditorPKF MUELLER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 134 accts · $177K emplr
2023$5.4M · 145 accts · $192K emplr
2022$5.4M · 143 accts · $207K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$27,693
Total administrative$27,693
The Boss Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$1,168
Median for plans this size$1,114
2024$1,063 per active participant
2023$1,007 per active participant
2022$1,168 per active participant

Boss Holdings, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$19,543 · 0.39%
2023$22,265 · 0.41%
2022$27,693 · 0.42%
Same employer
Similar plansWholesale Trade · Illinois
Connexion IL$5.6M · 0.90%
Imagetec, L.P. IL$5.6M · 0.45%
The Paper Tigers, Inc. IL$5.6M · 0.47%
Treetop Products, Inc. IL$5.4M · 0.06%
Jit Packaging LLC IL$5.2M · 0.68%
Nep Electronics, Inc. IL$4.7M · 0.57%
Atomic Brands Inc IL$4.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581972066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.