Plan Ledger DOL Form 5500 · updated monthly

Clare Holdings, LLC401(k)

CLARE HOLDINGS, LLC 401(K) PLAN · NORTH AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Clare Holdings, LLC reported $65,765 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $794 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 0.35% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,516th-largest of 3,702 plans among Illinois employers on file, and the 1,621st of 4,246 in wholesale trade. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,175,201
Participants with balances279
Active participants521
Employer contributions$413,487
Employee contributions$1,251,017
Employer contribution per active participant$794
Average account balance$86,649
Benefits paid to participants$2,694,753
Plan auditUnmodified (clean) audit opinion
AuditorSELDEN FOX
Plan history3
Yearassets · accounts · employer contribution
2024$24.2M · 279 accts · $413K emplr
2023$21.7M · 271 accts · $379K emplr
2022$17.3M · 268 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,320
Investment management$49,432
Audit (IQPA)$3,600
Total administrative$65,765
The Clare Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$794
Median for plans this size$2,416
2024$794 per active participant
2023$719 per active participant
2022$624 per active participant

Clare Holdings, LLC'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 · 20244
WINTRUST INVESTMENTS LLC · Investment advisory (plan)$40,289
JPMORGAN INVEST HOLDINGS LLC$12,733
EMPOWER ADVISORY GROUP, LLC · Investment management$9,143
CLARE HOLDINGS LLC · Accounting / audit$3,600

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$65,765 · 0.29%
2023$58,197 · 0.30%
2022$66,551 · 0.35%
Same employer
Similar plansWholesale Trade · Illinois
Swiss Steel USA, Inc. IL$25.2M · 0.40%
Metal One America, Inc. IL$24.6M · 0.20%
Amtex Supply Holdings, Inc. IL$24.4M · 0.24%
Munchs Supply, LLC IL$24.3M · 0.37%
Wittenstein, Inc. IL$23.9M · 0.03%
Mj Holding Company, LLC IL$23.8M · 0.27%
Refreshment Services, Inc. IL$23.4M · 0.33%
Planmeca USA, Inc. IL$23.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273400666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.