Plan Ledger DOL Form 5500 · updated monthly

Chii Clothing Company dba Culture Studio401(k)

CULTURE STUDIO 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Chii Clothing Company dba Culture Studio reported $2,246 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $791 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 0.37% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,448th of 3,702), and 13,153rd of 13,661 in manufacturing. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 146 to 205 since 2022.

Plan summary
Net assets, end of year$1,300,140
Participants with balances226
Active participants205
Employer contributions$162,190
Employee contributions$245,507
Employer contribution per active participant$791
Average account balance$5,753
Benefits paid to participants$127,754
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 226 accts · $162K emplr
2023$906K · 160 accts · $117K emplr
2022$561K · 121 accts · $93K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,420
Investment management$826
Total administrative$2,246
The Chii Clothing Company dba Culture Studio 401(k) match · 2024
Employer contribution per active participant$791
Median for plans this size$1,313
2024$791 per active participant
2023$583 per active participant
2022$638 per active participant

Chii Clothing Company dba Culture Studio's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$2,246 · 0.20%
2023$1,981 · 0.27%
2022$1,423 · 0.37%
Same employer
Similar plansManufacturing · Illinois
Climco Coils IL$1.6M · 1.31%
Acc Electronix, Inc IL$1.5M · 0.24%
Filter Technology, Inc. IL$1.5M · 0.37%
The Gsi Group, LLC IL$1.2M · 0.05%
Flex-N-Gate Michigan LLC IL$1.2M · 0.25%
Rollex Corporation IL$1.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141920423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.