Plan Ledger DOL Form 5500 · updated monthly

Era Industries, LLC401(k)

ERA INDUSTRIES, INC. 401(K) PLAN · ELK GROVE VILLAGE, IL · plan year 2024

Reported admin expense ratio · 2024
1.34%

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

Era Industries, LLC reported $68,900 in plan administrative expenses for 2024: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,376 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 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,889th of 3,702), and 10,924th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 181 to 298 since 2022.

Plan summary
Net assets, end of year$5,531,649
Participants with balances159
Active participants298
Employer contributions$410,134
Employee contributions$818,894
Employer contribution per active participant$1,376
Average account balance$34,790
Benefits paid to participants$894,188
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 159 accts · $410K emplr
2023$4.8M · 127 accts · $365K emplr
2022$3.3M · 121 accts · $317K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,900
Total administrative$68,900
The Era Industries, LLC 401(k) match · 2024
Employer contribution per active participant$1,376
Median for plans this size$1,313
2024$1,376 per active participant
2023$2,184 per active participant
2022$1,749 per active participant

Era Industries, LLC's 2024 employer contribution ran above the $1,313 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$26,986
EQUITABLE ADVISORS, LLC · Investment advisory (plan)$41,914

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$68,900 · 1.34%
2023$47,080 · 1.16%
2022$43,102 · 1.40%
Same employer
Similar plansManufacturing · Illinois
Flex-N-Gate Texas LLC IL$5.7M · 0.27%
Chemtech Plastics, Inc. IL$5.7M · 0.92%
Luster Products, Inc. IL$5.5M · 0.52%
Avlon Industries Inc IL$5.4M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363204908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.