Plan Ledger DOL Form 5500 · updated monthly

Forge Resources Group401(k)

FORGE RESOURCE GROUP 401(K) PLAN · DEKALB, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Forge Resources Group reported $26,391 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,857 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 0.17% to 0.19%. 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 among the smaller plans on file in Illinois (1,998th of 3,702), and 7,126th of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,890,862
Participants with balances255
Active participants187
Employer contributions$534,272
Employee contributions$1,024,612
Employer contribution per active participant$2,857
Average account balance$58,396
Benefits paid to participants$589,284
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 255 accts · $534K emplr
2023$12.4M · 273 accts · $531K emplr
2022$9.6M · 267 accts · $448K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,391
Total administrative$26,391
The Forge Resources Group 401(k) match · 2024
Employer contribution per active participant$2,857
Median for plans this size$2,416
2024$2,857 per active participant
2023$2,722 per active participant
2022$2,383 per active participant

Forge Resources Group's 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,391

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

Administrative cost history3
2024$26,391 · 0.19%
2023$20,646 · 0.19%
2022$17,168 · 0.17%
Similar plansManufacturing · Illinois
Mervis Industries, Inc. IL$15.2M · 0.53%
Harger, Inc. IL$15.0M · 0.32%
Lifeway Foods, Inc. IL$15.0M · 0.41%
Assertio Management, LLC IL$14.8M · 0.39%
Swd, Inc. IL$14.8M · 0.03%
Vienna Beef LTD. IL$14.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810923829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.