Plan Ledger DOL Form 5500 · updated monthly

Carl Buddig and Company401(k)

CARL BUDDIG AND COMPANY DEFERRED BENEFIT PLAN · HOMEWOOD, IL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Carl Buddig and Company reported $134,903 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $3,333 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 3 years on file its reported administrative ratio has held roughly steady near 0.117%. 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 479th-largest of 3,702 plans among Illinois employers on file, and the 1,629th of 13,661 in manufacturing. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$123,494,280
Participants with balances1,088
Active participants741
Employer contributions$2,470,047
Employee contributions$3,719,755
Employer contribution per active participant$3,333
Average account balance$113,506
Benefits paid to participants$6,843,196
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$123.5M · 1,088 accts · $2.5M emplr
2023$107.0M · 1,227 accts · $2.3M emplr
2022$92.6M · 1,136 accts · $2.2M emplr
The Carl Buddig and Company 401(k) match · 2024
Employer contribution per active participant$3,333
Median for plans this size$3,635
2024$3,333 per active participant
2023$3,210 per active participant
2022$2,973 per active participant

Carl Buddig and Company'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$139,225
CLIFTON LARSON ALLEN · Accounting / audit$13,965

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$134,903 · 0.12%
2023$133,327 · 0.13%
2022$128,321 · 0.12%
All plans at this employer2
CARL BUDDIG AND COMPANY DEFERRED BENEFIT PLAN401(k)
CARL BUDDIG AND COMPANY UNION EMPLOYEE DEFERRED BENEFIT PLAN401(k)
Same employer
Similar plansManufacturing · Illinois
Nd Paper Inc. IL$131.7M · 0.10%
U.S. Tsubaki Holdings, Inc. IL$129.1M · 0.15%
Upm-Kymmene, Inc. IL$128.6M · 0.02%
Etnyre International, LTD. IL$122.0M · 0.18%
Weber-Stephen Products LLC IL$119.2M · 0.02%
Lanco International, Inc. IL$117.1M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362169888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.