Plan Ledger DOL Form 5500 · updated monthly

Electri-Flex Company401(k)

ELECTRI FLEX COMPANY PROFIT SHARING PLAN · ROSELLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Electri-Flex Company reported $28,738 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,314 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 fell from 0.24% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,095th of 3,702), and 7,501st of 13,661 in manufacturing. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 106 to 132 since 2022.

Plan summary
Net assets, end of year$13,659,199
Participants with balances146
Active participants132
Employer contributions$305,436
Employee contributions$778,427
Employer contribution per active participant$2,314
Average account balance$93,556
Benefits paid to participants$1,258,705
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 146 accts · $305K emplr
2023$12.5M · 136 accts · $259K emplr
2022$12.1M · 121 accts · $226K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,076
Investment management$25,637
Total administrative$28,738
The Electri-Flex Company 401(k) match · 2024
Employer contribution per active participant$2,314
Median for plans this size$2,416
2024$2,314 per active participant
2023$2,236 per active participant
2022$2,136 per active participant

Electri-Flex Company'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 ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$3,101
SHERIDAN ROAD ADVISORS LLC · Investment advisory (plan)$25,637

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Electri-Flex Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,738 · 0.22%
2023$30,868 · 0.25%
2022$30,397 · 0.24%
Similar plansManufacturing · Illinois
Elgin Industries, Inc. IL$13.8M · 0.44%
Alsip Minimill, LLC IL$13.6M · 0.39%
Kress Corporation IL$13.6M · 0.44%
Cast Products Inc IL$13.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366491610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.