Plan Ledger DOL Form 5500 · updated monthly

Collins Engineers, Inc.401(k)

COLLINS ENGINEERS, INC. PROFIT SHARING AND 401(K) RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Collins Engineers, Inc. reported $79,018 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,389 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 rose from 0.16% to 0.17%. 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 928th-largest of 3,702 plans among Illinois employers on file, and the 2,783rd of 11,654 in professional & technical services. In 2024, employees put in $6.23 for every $1.00 the employer contributed; active participation has grown from 317 to 382 since 2022.

Plan summary
Net assets, end of year$49,531,687
Participants with balances461
Active participants382
Employer contributions$530,553
Employee contributions$3,306,784
Employer contribution per active participant$1,389
Average account balance$107,444
Benefits paid to participants$2,767,216
Plan auditUnmodified (clean) audit opinion
AuditorTHE JPF, LTD GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$49.5M · 461 accts · $531K emplr
2023$42.1M · 431 accts · $599K emplr
2022$32.3M · 383 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,622
Investment management$11,396
Total administrative$79,018
The Collins Engineers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,389
Median for plans this size$2,416
2024$1,389 per active participant
2023$1,746 per active participant
2022$936 per active participant

Collins Engineers, 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$11,396

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$79,018 · 0.17%
2023$59,329 · 0.16%
2022$61,339 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Illinois
Velocityehs IL$50.5M · 0.39%
Solomon Cordwell Buenz IL$49.5M · 0.38%
Wisetech Global (US) Inc. IL$48.0M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363030616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.