Plan Ledger DOL Form 5500 · updated monthly

C.E. Niehoff & Co.ESOP

C. E. NIEHOFF & CO. EMPLOYEE STOCK OWNERSHIP PLAN · EVANSTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

C.E. Niehoff & Co. reported $172,430 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,740 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 0.14% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 643rd-largest of 3,702 plans among Illinois employers on file, and the 2,190th of 13,661 in manufacturing. active participation has grown from 322 to 365 since 2022.

Plan summary
Net assets, end of year$82,685,483
Participants with balances407
Active participants365
Employer contributions$1,000,000
Employee contributions—
Employer contribution per active participant$2,740
Average account balance$203,158
Benefits paid to participants$2,563,673
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$82.7M · 407 accts · $1.0M emplr
2023$73.6M · 360 accts · $1.0M emplr
2022$63.2M · 399 accts · $750K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,366
Audit (IQPA)$20,000
Trustee / custodial$115,175
Total administrative$172,430
Employer contributions to the C.E. Niehoff & Co. plan · 2024
Employer contribution per active participant$2,740
Median for plans this size$3,635
2024$2,740 per active participant
2023$3,086 per active participant
2022$2,329 per active participant

C.E. Niehoff & Co.'s 2024 employer contribution ran below the $3,635 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 · 20244
NEWPORT · Recordkeeping$17,365
OLD NATIONAL WEALTH MANAGEMENT · Trustee$115,174
SIKICH CPA LLC · Accounting / audit$20,000
VALUATION RESEARCH COMPANY · Valuation$19,589

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

Recordkeeper by year2
2024Bank of America / Merrill, NEWPORT
2023Bank of America / Merrill

This plan has changed recordkeepers within these filings. If you left C.E. Niehoff & Co. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$172,430 · 0.22%
2023$119,903 · 0.18%
2022$105,954 · 0.14%
All plans at this employer2
C. E. NIEHOFF SAVINGS AND PROFIT SHARING PLAN401(k)
C. E. NIEHOFF & CO. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Fuchs Lubricants Co. IL$91.8M · 0.02%
SG360 IL$88.9M · 0.21%
Scholle Corporation IL$87.2M · 0.44%
Drl Enterprises, Inc. IL$82.2M · 0.01%
Siemer Milling Company IL$80.2M · 0.12%
Bel Brands USA, Inc. IL$79.6M · 0.11%
Grayhill, Inc. IL$77.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202346619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.