Plan Ledger DOL Form 5500 · updated monthly

Elgron, Inc.401(k)

ELGRON, INC. 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Elgron, Inc. reported $34,642 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $5,723 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 rose from 0.10% to 0.18%. 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 1,628th-largest of 3,702 plans among Illinois employers on file, and the 5,254th of 11,654 in professional & technical services. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,690,343
Participants with balances169
Active participants105
Employer contributions$600,908
Employee contributions$1,388,366
Employer contribution per active participant$5,723
Average account balance$128,345
Benefits paid to participants$77,083
Plan auditUnmodified (clean) audit opinion
AuditorDUFEK & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 169 accts · $601K emplr
2023$17.1M · 140 accts · $511K emplr
2022$13.1M · 132 accts · $500K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$345
Investment management$19,547
Audit (IQPA)$14,750
Total administrative$34,642
The Elgron, Inc. 401(k) match · 2024
Employer contribution per active participant$5,723
Median for plans this size$2,416
2024$5,723 per active participant
2023$5,555 per active participant
2022$5,211 per active participant

Elgron, Inc.'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 · 20244
INVESTMENT NAVIGATION LLC · Recordkeeping · Pension consulting$19,547
DUFEK & COMPANY LLC · Recordkeeping · Pension consulting$14,750
ADP, INC. · Loan processing · Recordkeeping$345
ADP BROKER-DEALERindirect 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
2024ADP, DUFEK & COMPANY LLC, INVESTMENT NAVIGATION LLC
2023ADP, DUFEK & COMPANY LLC, INVESTMENT NAVIGATION LLC

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Administrative cost history3
2024$34,642 · 0.18%
2023$21,034 · 0.14%
2022$14,189 · 0.10%
Similar plansProfessional & Technical Services · Illinois
Cardinal Law Group, LTD IL$22.1M · 0.04%
Rms Lifeline Inc IL$21.8M · 0.30%
INSPIRE11 LLC IL$21.6M · 0.09%
R.M. Chin & Associates, Inc IL$21.3M · 0.05%
Accertify, Inc. IL$21.2M · 0.09%
Edgar a. Weber & Company IL$21.1M · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300031670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.