Plan Ledger DOL Form 5500 · updated monthly

Connemara Converting401(k)

CONNEMARA CONVERTING 401(K) PLAN · BOLINGBROOK, IL · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Connemara Converting reported $24,828 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $3,032 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,080th of 3,702), and 11,704th of 13,661 in manufacturing. In 2022, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,059,914
Participants with balances107
Active participants82
Employer contributions$248,648
Employee contributions$416,846
Employer contribution per active participant$3,032
Average account balance$37,943
Benefits paid to participants$593,406
Plan auditUnmodified (clean) audit opinion
AuditorHANSEN, PLAHM & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$4.1M · 107 accts · $249K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,760
Investment management$10,068
Total administrative$24,828
The Connemara Converting 401(k) match · 2022
Employer contribution per active participant$3,032
Median for plans this size$1,114

Connemara Converting's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$24,828 · 0.56%
Similar plansManufacturing · Illinois
Meats by Linz, Inc. IL$4.1M · 0.64%
Plaspros Inc. IL$4.1M · 0.41%
Azteca Foods, Inc. IL$4.1M · 0.15%
Ucal Systems, Inc. IL$4.0M · 0.29%
E.J. Basler Company IL$4.0M · 0.61%
Amitron Corporation IL$3.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364262026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.