Plan Ledger DOL Form 5500 · updated monthly

Clean Air Engineering, Inc.401(k)

CLEAN AIR ENGINEERING 401(K) PLAN · PALATINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Clean Air Engineering, Inc. reported $18,549 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,937 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 0.09% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,493rd-largest of 3,702 plans among Illinois employers on file, and the 4,788th of 11,654 in professional & technical services. In 2024, employees put in $2.95 for every $1.00 the employer contributed; active participation has grown from 77 to 99 since 2022.

Plan summary
Net assets, end of year$24,820,905
Participants with balances118
Active participants99
Employer contributions$191,771
Employee contributions$565,614
Employer contribution per active participant$1,937
Average account balance$210,347
Benefits paid to participants$1,720,757
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 118 accts · $192K emplr
2023$23.2M · 107 accts · $165K emplr
2022$21.5M · 107 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,549
Total administrative$18,549
The Clean Air Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$1,937
Median for plans this size$2,416
2024$1,937 per active participant
2023$2,038 per active participant
2022$2,166 per active participant

Clean Air Engineering, Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,549

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$18,549 · 0.08%
2023$13,699 · 0.06%
2022$19,366 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Illinois
Hagerty Consulting Inc IL$25.4M · 0.07%
Onbe, Inc. IL$25.0M · 0.19%
Spaulding Ridge LLC IL$24.8M · 0.40%
Fieldwork, Inc. IL$24.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362799477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.