Plan Ledger DOL Form 5500 · updated monthly

Clayco, Inc.401(k)

CLAYCO, INC. 401(K) PROFIT SHARING PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Clayco, Inc. reported $477,088 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $6,720 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 3 years on file its reported administrative ratio has held roughly steady near 0.222%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 284th-largest of 3,702 plans among Illinois employers on file, and the 280th of 5,337 in construction. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 1,587 to 2,233 since 2022.

Plan summary
Net assets, end of year$242,237,870
Participants with balances2,939
Active participants2,233
Employer contributions$15,006,509
Employee contributions$23,306,264
Employer contribution per active participant$6,720
Average account balance$82,422
Benefits paid to participants$18,192,496
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$242.2M · 2,939 accts · $15.0M emplr
2023$188.1M · 2,644 accts · $11.8M emplr
2022$136.2M · 2,064 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$214,135
Investment management$262,953
Total administrative$477,088
The Clayco, Inc. 401(k) match · 2024
Employer contribution per active participant$6,720
Median for plans this size$3,635
2024$6,720 per active participant
2023$6,113 per active participant
2022$5,502 per active participant

Clayco, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20243
MESIROW FINANCIAL INVESTMENT MANAGE · Investment management$177,954
CREATIVE PLANNING HOLDCO LLC · Investment advisory (plan)$84,999

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$477,088 · 0.22%
2023$355,394 · 0.22%
2022$313,528 · 0.22%
Same employer
Similar plansConstruction · Illinois
Morton Buildings, Inc. IL$211.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431339079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.