Plan Ledger DOL Form 5500 · updated monthly

Finzer Roller, Inc401(k)

FINZER ROLLER, INC. SALARY SAVINGS PLAN · ITASCA, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Finzer Roller, Inc reported $21,788 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,325 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 0.06% to 0.08%. 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 1,353rd-largest of 3,702 plans among Illinois employers on file, and the 4,623rd of 13,661 in manufacturing. In 2024, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,825,169
Participants with balances367
Active participants291
Employer contributions$676,590
Employee contributions$1,831,372
Employer contribution per active participant$2,325
Average account balance$78,543
Benefits paid to participants$3,890,332
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 367 accts · $677K emplr
2023$26.9M · 377 accts · $511K emplr
2022$23.5M · 356 accts · $550K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,788
Total administrative$21,788
The Finzer Roller, Inc 401(k) match · 2024
Employer contribution per active participant$2,325
Median for plans this size$2,416
2024$2,325 per active participant
2023$1,749 per active participant
2022$1,915 per active participant

Finzer Roller, Inc'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
ADP, INC. · Loan processing · Recordkeeping$21,787
CHARLES SCHWAB & CO, INC. · Securities brokerage$4
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
2023ADP

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

Administrative cost history3
2024$21,788 · 0.08%
2023$15,850 · 0.06%
2022$15,991 · 0.06%
Same employer
Similar plansManufacturing · Illinois
Darwill, Inc. IL$29.0M · 0.37%
Hormann LLC IL$29.0M · 0.36%
Magneco/Metrel, Inc IL$28.9M · 0.03%
The Morey Corporation IL$28.7M · 0.36%
Stahl (USA) Inc. IL$28.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362674349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.