Plan Ledger DOL Form 5500 · updated monthly

Echo, Inc.401(k)

ECHO, INC. DEFERRED SAVINGS PLAN · LAKE ZURICH, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Echo, Inc. reported $45,993 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,688 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 0.048%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 562nd-largest of 3,702 plans among Illinois employers on file, and the 399th of 4,246 in wholesale trade. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$101,794,687
Participants with balances1,412
Active participants1,001
Employer contributions$2,690,879
Employee contributions$4,407,681
Employer contribution per active participant$2,688
Average account balance$72,093
Benefits paid to participants$8,185,184
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$101.8M · 1,412 accts · $2.7M emplr
2023$90.2M · 1,358 accts · $2.8M emplr
2022$77.2M · 1,338 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,993
Total administrative$45,993
The Echo, Inc. 401(k) match · 2024
Employer contribution per active participant$2,688
Median for plans this size$3,635
2024$2,688 per active participant
2023$2,654 per active participant
2022$2,374 per active participant

Echo, 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 · 20243
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$45,993
CHARLES SCHWAB TRUST BANK · Custodialindirect comp
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$45,993 · 0.05%
2023$41,384 · 0.05%
2022$38,538 · 0.05%
Same employer
Similar plansWholesale Trade · Illinois
Total Sweeteners, Inc. IL$106.2M · 0.13%
Midland Paper Company IL$105.7M · 0.02%
Topco Associates, LLC IL$104.0M · 0.07%
A. M. Castle & Co. IL$101.5M · 0.16%
Genuine Cable Group, LLC IL$81.5M · 0.20%
Effingham Equity IL$80.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362754021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.