Plan Ledger DOL Form 5500 · updated monthly

Crafty, LLC401(k)

CRAFTY 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Crafty, LLC reported $10,874 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,550 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 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,962nd of 3,702), and 3,759th of 5,215 in retail trade. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 193 to 229 since 2022.

Plan summary
Net assets, end of year$5,012,095
Participants with balances422
Active participants229
Employer contributions$812,977
Employee contributions$1,063,143
Employer contribution per active participant$3,550
Average account balance$11,877
Benefits paid to participants$392,540
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 422 accts · $813K emplr
2023$3.0M · 259 accts · $634K emplr
2022$1.0M · 142 accts · $152K emplr
Administrative expenses, itemized · 2024
Investment management$10,874
Total administrative$10,874
The Crafty, LLC 401(k) match · 2024
Employer contribution per active participant$3,550
Median for plans this size$1,313
2024$3,550 per active participant
2023$2,808 per active participant
2022$787 per active participant

Crafty, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)$10,874

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$10,874 · 0.27%
2023$2,253 · 0.11%
2022$2,027 · 0.28%
Same employer
Similar plansRetail Trade · Illinois
Mac Rx, LLC IL$5.3M · 0.54%
The Grove Inc IL$5.1M · 0.01%
Quincy Farm Supply Co. IL$5.1M · 0.03%
Rev Up Brands, LLC IL$4.6M · 0.08%
Tcc Wireless, LLC IL$4.3M · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474251233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.