Plan Ledger DOL Form 5500 · updated monthly

Edgar a. Weber & Company401(k)

EDGAR A. WEBER & COMPANY EMPLOYEES PROFIT SHARING PLAN & TRUST · WHEELING, IL · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

Edgar a. Weber & Company reported $232,679 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,610 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 1.16%. 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 1,650th-largest of 3,702 plans among Illinois employers on file, and the 5,354th of 11,654 in professional & technical services. In 2024, the employer put in $1.70 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,063,656
Participants with balances125
Active participants114
Employer contributions$981,568
Employee contributions$577,576
Employer contribution per active participant$8,610
Average account balance$168,509
Benefits paid to participants$1,114,758
Plan auditUnmodified (clean) audit opinion
AuditorDUGAN & LOPATKA, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 125 accts · $982K emplr
2023$19.0M · 121 accts · $688K emplr
2022$16.9M · 134 accts · $893K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,263
Investment management$171,416
Total administrative$232,679
The Edgar a. Weber & Company 401(k) match · 2024
Employer contribution per active participant$8,610
Median for plans this size$2,416
2024$8,610 per active participant
2023$6,037 per active participant
2022$7,907 per active participant

Edgar a. Weber & Company's 2024 employer contribution ran above the $2,416 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 · 20242
NEWPORT GROUP, INC. · Recordkeeping · Trustee$61,263
CETERA INVESTMENT ADVISORS · Investment advisory (plan)$171,416

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$232,679 · 1.16%
2023$208,084 · 1.16%
2022$184,252 · 1.17%
Similar plansProfessional & Technical Services · Illinois
Elgron, Inc. IL$21.7M · 0.18%
INSPIRE11 LLC IL$21.6M · 0.09%
R.M. Chin & Associates, Inc IL$21.3M · 0.05%
Accertify, Inc. IL$21.2M · 0.09%
Serrala US Corporation IL$20.9M · 0.25%
The Roderick Group, Inc. IL$20.8M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362310066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.