Plan Ledger DOL Form 5500 · updated monthly

Chandler Industries, Inc.401(k)

CHANDLER INDUSTRIES, INC. 401(K) SAVINGS PLAN · MONTEVIDEO, MN · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Chandler Industries, Inc. reported $84,483 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $703 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 0.55% to 0.58%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,060th of 1,918), and 6,991st of 13,661 in manufacturing. In 2024, employees put in $4.98 for every $1.00 the employer contributed; active participation has grown from 190 to 264 since 2022.

Plan summary
Net assets, end of year$15,355,326
Participants with balances326
Active participants264
Employer contributions$185,652
Employee contributions$924,948
Employer contribution per active participant$703
Average account balance$47,102
Benefits paid to participants$1,784,200
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS MAZARS GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 326 accts · $186K emplr
2023$14.0M · 282 accts · $153K emplr
2022$12.4M · 279 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,608
Investment management$52,706
Audit (IQPA)$2,169
Total administrative$84,483
The Chandler Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$703
Median for plans this size$2,416
2024$703 per active participant
2023$826 per active participant
2022$778 per active participant

Chandler Industries, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$29,608
STILES FINANCIAL SERVICES · Investment advisory (plan)$52,706

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$84,483 · 0.58%
2023$74,246 · 0.56%
2022$73,800 · 0.55%
Same employer
Similar plansManufacturing · Minnesota
Keb America, Inc MN$16.2M · 0.45%
Metal-Matic, Inc. MN$16.0M · 0.25%
Tuohy Furniture Corporation MN$15.8M · 0.44%
Nico Products, Inc. MN$15.3M · 0.46%
Riverside Electronics LTD. MN$15.3M · 0.07%
Design Ready Controls, Inc. MN$15.1M · 0.90%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411556024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.