Plan Ledger DOL Form 5500 · updated monthly

Fourgen Holdings Inc.401(k)

FOURGEN HOLDINGS INC. RETIREMENT PLAN · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Fourgen Holdings Inc. reported $106,730 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $23,199 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 0.09% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 988th-largest of 3,702 plans among Illinois employers on file, and the 1,126th of 5,337 in construction. In 2024, the employer put in $2.43 for every $1.00 employees contributed themselves; active participation has grown from 118 to 140 since 2022.

Plan summary
Net assets, end of year$45,196,231
Participants with balances167
Active participants140
Employer contributions$3,247,890
Employee contributions$1,338,452
Employer contribution per active participant$23,199
Average account balance$270,636
Benefits paid to participants$7,798,097
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $581K emplr
2024$45.2M · 167 accts · $3.2M emplr
2023$43.2M · 156 accts · $1.7M emplr
2022$37.8M · 134 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,730
Total administrative$106,730
The Fourgen Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$23,199
Median for plans this size$2,416
2024$23,199 per active participant
2023$13,543 per active participant
2022$12,646 per active participant

Fourgen Holdings Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$106,730
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
MESIROW FINANCIAL INVESTMENT MANAGE · Investment advisory (participants)indirect comp
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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

Administrative cost history4
2025Not separately reported
2024$106,730 · 0.24%
2023$62,231 · 0.15%
2022$35,320 · 0.09%
Similar plansConstruction · Illinois
Pernix Group Inc. IL$44.7M · 0.23%
Skender Group, LLC IL$44.0M · 0.16%
Steamfitters Local 439 IL$41.8M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010750002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.