Plan Ledger DOL Form 5500 · updated monthly

Filter Technology, Inc.401(k)

FILTER TECHNOLOGY, INC. 401(K) PLAN · BEDFORD PARK, IL · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Filter Technology, Inc. reported $5,823 in plan administrative expenses for 2022: 0.37% of average plan assets, below the peer median. Employer contributions averaged $811 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,428th of 3,702), and 13,066th of 13,661 in manufacturing. In 2022, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,479,078
Participants with balances63
Active participants119
Employer contributions$96,462
Employee contributions$170,703
Employer contribution per active participant$811
Average account balance$23,477
Benefits paid to participants$163,059
Plan auditUnmodified (clean) audit opinion
AuditorPKF MUELLER
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,823
Total administrative$5,823
The Filter Technology, Inc. 401(k) match · 2022
Employer contribution per active participant$811
Median for plans this size$1,114

Filter Technology, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,823 · 0.37%
Similar plansManufacturing · Illinois
Lb Metals, LLC IL$1.7M · 0.01%
Climco Coils IL$1.6M · 1.31%
Acc Electronix, Inc IL$1.5M · 0.24%
The Gsi Group, LLC IL$1.2M · 0.05%
Flex-N-Gate Michigan LLC IL$1.2M · 0.25%
Rollex Corporation IL$1.2M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363720407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.