Plan Ledger DOL Form 5500 · updated monthly

Focal Point LLC401(k)

FOCAL POINT LLC 401(K) SAVINGS & RETIREMENT PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Focal Point LLC reported $51,029 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,468 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,578th-largest of 3,702 plans among Illinois employers on file, and the 5,437th of 13,661 in manufacturing. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,872,714
Participants with balances286
Active participants381
Employer contributions$940,145
Employee contributions$1,573,174
Employer contribution per active participant$2,468
Average account balance$79,975
Benefits paid to participants$2,466,748
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$22.9M · 286 accts · $940K emplr
Administrative expenses, itemized · 2022
Professional / advisory$51,029
Total administrative$51,029
The Focal Point LLC 401(k) match · 2022
Employer contribution per active participant$2,468
Median for plans this size$2,266

Focal Point LLC's 2022 employer contribution ran above the $2,266 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 history2
2023Not separately reported
2022$51,029 · 0.20%
Similar plansManufacturing · Illinois
Bimeda, Inc. IL$22.8M · 0.10%
Richelieu Foods, Inc. IL$22.8M · 0.13%
Keats Manufacturing Co. IL$22.8M · 0.26%
Titan International, Inc. IL$22.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363991899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.