Plan Ledger DOL Form 5500 · updated monthly

Engis Corporation401(k)

ENGIS CORPORATION PROFIT SHARING AND 401K PLAN · WHEELING, IL · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Engis Corporation reported $139,513 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,479 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 0.55%. 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 the 1,457th-largest of 3,702 plans among Illinois employers on file, and the 5,003rd of 13,661 in manufacturing. In 2024, employees put in $3.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,865,670
Participants with balances232
Active participants176
Employer contributions$260,278
Employee contributions$876,147
Employer contribution per active participant$1,479
Average account balance$111,490
Benefits paid to participants$4,009,528
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 232 accts · $260K emplr
2023$25.3M · 232 accts · $284K emplr
2022$22.1M · 222 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,704
Investment management$48,959
Total administrative$139,513
The Engis Corporation 401(k) match · 2024
Employer contribution per active participant$1,479
Median for plans this size$2,416
2024$1,479 per active participant
2023$1,613 per active participant
2022$1,438 per active participant

Engis Corporation'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 · 20243
CERITY PARTNERS$29,636
ENGIS CORPORATION$17,835

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$139,513 · 0.55%
2023$130,964 · 0.55%
2022$138,384 · 0.57%
Same employer
Similar plansManufacturing · Illinois
Material Control, Inc. IL$26.5M · 0.18%
Ims Companies, LLC IL$26.3M · 0.61%
John Boos & Co. IL$26.3M · 0.31%
Martin Automatic, Inc. IL$25.8M · 0.29%
Rockford Toolcraft, Inc. IL$25.6M · 0.38%
Hometown Food Company IL$25.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361822985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.