Plan Ledger DOL Form 5500 · updated monthly

Cadrex LLC401(k)

CADREX 401(K) SAVINGS & RETIREMENT PLAN · ROMEOVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Cadrex LLC reported $105,463 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,486 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 fell from 0.29% to 0.20%. 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 743rd-largest of 3,702 plans among Illinois employers on file, and the 2,541st of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,069,365
Participants with balances1,374
Active participants1,174
Employer contributions$2,918,828
Employee contributions$5,089,487
Employer contribution per active participant$2,486
Average account balance$48,813
Benefits paid to participants$12,406,860
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$67.1M · 1,374 accts · $2.9M emplr
2023$36.0M · 656 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,463
Total administrative$105,463
The Cadrex LLC 401(k) match · 2024
Employer contribution per active participant$2,486
Median for plans this size$3,635
2024$2,486 per active participant
2023$2,378 per active participant

Cadrex LLC'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$105,463
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS 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 history2
2024$105,463 · 0.20%
2023$56,911 · 0.29%
Same employer
Similar plansManufacturing · Illinois
Sunstar Americas, Inc. IL$69.5M · 0.08%
Otto Engineering, Inc. IL$68.5M · 0.14%
Camcraft, Inc. IL$67.8M · 0.11%
Ugn, Inc. IL$66.2M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 871994223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.