Plan Ledger DOL Form 5500 · updated monthly

Coilplus, Inc.401(k)

COILPLUS, INC. RETIREMENT PLAN AND TRUST · ROSEMONT, IL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Coilplus, Inc. reported $1,044 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,149 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 0.06% to 0.00%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 791st-largest of 3,702 plans among Illinois employers on file, and the 2,749th of 13,661 in manufacturing. In 2024, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,611,654
Participants with balances760
Active participants460
Employer contributions$988,491
Employee contributions$2,888,825
Employer contribution per active participant$2,149
Average account balance$79,752
Benefits paid to participants$7,745,223
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.6M · 760 accts · $988K emplr
2023$55.9M · 763 accts · $1.1M emplr
2022$51.4M · 770 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Investment management$18,738
Audit (IQPA)$19,750
Total administrative$1,044
The Coilplus, Inc. 401(k) match · 2024
Employer contribution per active participant$2,149
Median for plans this size$3,635
2024$2,149 per active participant
2023$2,333 per active participant
2022$2,760 per active participant

Coilplus, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
HIGHLAND CONSULTING ASSOCIATES, IN · Investment advisory (plan)$53,772
SIKICH CPA LLC · Accounting / audit$19,750
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,738
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$1,044 · 0.00%
2023Not separately reported
2022$38,640 · 0.06%
Same employer
Similar plansManufacturing · Illinois
National Material, L.P. IL$62.9M · 0.09%
Blistex Inc IL$62.6M · 0.15%
Hoffer Plastics Corporation IL$62.2M · 0.19%
Basler Electric Company IL$62.2M · 0.01%
Rapid Displays, Inc. IL$59.5M · 0.38%
Domino Amjet, Inc. IL$59.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371584071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.