Plan Ledger DOL Form 5500 · updated monthly

Bot of the National Allied Workers Union Local 831 Savings and Retirem401(k)

NATIONAL ALLIED WORKERS UNION LOCAL 831 SAVINGS AN · OAKBROOK, IL · plan year 2022

Reported admin expense ratio · 2022
2.68%

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

Bot of the National Allied Workers Union Local 831 Savings and Retirem reported $3,758 in plan administrative expenses for 2022: 2.68% of average plan assets, higher than ~75% of peers. Employer contributions averaged $73 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 1 year on file its reported administrative ratio rose from 2.68% to 18.41%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,645th of 3,702), and 11,571st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$121,331
Participants with balances340
Active participants62
Employer contributions$4,550
Employee contributions—
Employer contribution per active participant$73
Average account balance$357
Benefits paid to participants$14,075
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$118K · 60 accts · $5K emplr
2022$121K · 340 accts · $5K emplr
The Bot of the National Allied Workers Union Local 831 Savings and Retirem 401(k) match · 2022
Employer contribution per active participant$73
Median for plans this size$331
2023$90 per active participant
2022$73 per active participant

Bot of the National Allied Workers Union Local 831 Savings and Retirem's 2022 employer contribution ran below the $331 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 history2
2023$22,025 · 18.41%
2022$3,758 · 2.68%
Similar plansProfessional & Technical Services · Illinois
Musi Restaurant 912 LLC IL$394K · 0.11%
US Intermodal, Inc. IL$246K · 0.12%
Summit Staffing, Inc. IL$193K · 1.16%
The Claro Group, LLC IL$181K · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900724512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.