Plan Ledger DOL Form 5500 · updated monthly

Central Steel & Wire Company LLC401(k)

CENTRAL STEEL & WIRE COMPANY SAVINGS PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Central Steel & Wire Company LLC reported $39,044 in plan administrative expenses for 2022: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,229 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 0.07% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other wholesale trade employers. By assets it is the 909th-largest of 3,702 plans among Illinois employers on file, and the 816th of 4,246 in wholesale trade. In 2022, employees put in $2.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,466,343
Participants with balances664
Active participants493
Employer contributions$1,098,708
Employee contributions$2,841,580
Employer contribution per active participant$2,229
Average account balance$76,004
Benefits paid to participants$4,099,954
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$44.1M · 417 accts · $296K emplr
2023$48.6M · 499 accts · $305K emplr
2022$50.5M · 664 accts · $1.1M emplr
Administrative expenses, itemized · 2022
Investment management$39,044
Total administrative$39,044
The Central Steel & Wire Company LLC 401(k) match · 2022
Employer contribution per active participant$2,229
Median for plans this size$3,449
2024$820 per active participant
2023$760 per active participant
2022$2,229 per active participant

Central Steel & Wire Company LLC's 2022 employer contribution ran below the $3,449 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$17,017 · 0.04%
2023$27,658 · 0.06%
2022$39,044 · 0.07%
Same employer
Similar plansWholesale Trade · Illinois
Steiner Electric Company IL$51.8M · 0.08%
Enesco, LLC IL$51.3M · 0.29%
Enpro Incorporated IL$51.1M · 0.04%
Revere Electric Supply Co. IL$50.9M · 0.14%
Wirtz Corporation IL$49.9M · 0.15%
Roland Machinery Company IL$46.3M · 0.21%
Group O, Inc. IL$45.2M · 0.26%
Network Services Company IL$44.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 360885660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.