Plan Ledger DOL Form 5500 · updated monthly

Filtration Group Corporation401(k)

FILTRATION GROUP 401(K) RETIREMENT SAVINGS PLAN · JOLIET, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Filtration Group Corporation reported $402,227 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $2,443 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 0.20% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 303rd-largest of 3,702 plans among Illinois employers on file, and the 1,072nd of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$224,214,045
Participants with balances3,388
Active participants2,756
Employer contributions$6,733,539
Employee contributions$14,901,339
Employer contribution per active participant$2,443
Average account balance$66,179
Benefits paid to participants$32,969,443
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$224.2M · 3,388 accts · $6.7M emplr
2023$207.9M · 3,599 accts · $7.0M emplr
2022$181.6M · 3,827 accts · $6.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$193,629
Investment management$167,816
Audit (IQPA)$36,750
Total administrative$402,227
The Filtration Group Corporation 401(k) match · 2024
Employer contribution per active participant$2,443
Median for plans this size$3,635
2024$2,443 per active participant
2023$2,544 per active participant
2022$2,264 per active participant

Filtration Group Corporation's 2024 employer contribution ran below the $3,635 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$197,026
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$138,921
HANCOCK ASKEW & CO LLP · Accounting / audit$36,750
PENSIONMARK FINANCIAL GROUP LLC · Investment advisory (plan)$22,992
ADVISED ASSETS GROUP, LLC · Investment management$5,903
MORNINGSTAR INVESTMENT MANAGEMENT · Other services$235

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 Filtration Group Corporation 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$402,227 · 0.19%
2023$404,611 · 0.21%
2022$386,568 · 0.20%
Same employer
Similar plansManufacturing · Illinois
Now Health Group, Inc. IL$235.7M · 0.09%
Tate & Lyle Americas, LLC IL$233.2M · 0.09%
Wheatland Tube, LLC IL$223.4M · 0.06%
Maclean-Fogg Company IL$217.3M · 0.18%
Ferrara Candy Company IL$217.3M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 273741564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.