Plan Ledger DOL Form 5500 · updated monthly

Chicago Rivet & Machine Co.401(k)

CHICAGO RIVET & MACHINE CO. PROFIT SHARING PLAN · NAPERVILLE, IL · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Chicago Rivet & Machine Co. reported $25,254 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.14% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (1,937th of 3,702), and 6,851st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$15,838,994
Participants with balances191
Active participants208
Employer contributions$0
Employee contributions$435,776
Employer contribution per active participant$0
Average account balance$82,927
Benefits paid to participants$1,544,174
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 177 accts
2023$15.8M · 191 accts
2022$14.2M · 197 accts · $170K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,208
Investment management$1,951
Audit (IQPA)$19,095
Total administrative$25,254
The Chicago Rivet & Machine Co. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Chicago Rivet & Machine Co.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CROWE HORWATH LLP · Accounting / audit$19,095
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,208

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

Administrative cost history3
2024$4,017 · 0.03%
2023$25,254 · 0.17%
2022$24,633 · 0.14%
Same employer
Similar plansManufacturing · Illinois
Nexus Pharmaceuticals, LLC IL$16.0M · 0.43%
Peer Foods Group, Inc. IL$15.9M · 0.04%
Chicago Dryer Company IL$15.8M · 0.30%
Fisher Printing, Inc. IL$15.8M · 0.63%
Visionix USA, Inc IL$15.7M · 0.29%
Moss Holding Company IL$15.7M · 0.51%
Acw Flex Pack, LLC IL$15.5M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 360904920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.