Plan Ledger DOL Form 5500 · updated monthly

Group O, Inc.401(k)

GROUP O 401(K) RETIREMENT PLAN · MILAN, IL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Group O, Inc. reported $114,400 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $727 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 0.34% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 989th-largest of 3,702 plans among Illinois employers on file, and the 921st of 4,246 in wholesale trade. In 2024, employees put in $4.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,152,632
Participants with balances497
Active participants861
Employer contributions$626,165
Employee contributions$2,844,935
Employer contribution per active participant$727
Average account balance$90,850
Benefits paid to participants$5,538,100
Plan auditUnmodified (clean) audit opinion
AuditorHONKAMP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$45.2M · 497 accts · $626K emplr
2023$41.2M · 514 accts · $538K emplr
2022$34.9M · 505 accts · $578K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,400
Investment management$65,000
Total administrative$114,400
The Group O, Inc. 401(k) match · 2024
Employer contribution per active participant$727
Median for plans this size$2,416
2024$727 per active participant
2023$577 per active participant
2022$646 per active participant

Group O, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$65,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,400

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$114,400 · 0.26%
2023$118,641 · 0.31%
2022$128,566 · 0.34%
Same employer
Similar plansWholesale Trade · Illinois
Revere Electric Supply Co. IL$50.9M · 0.14%
Wirtz Corporation IL$49.9M · 0.15%
Roland Machinery Company IL$46.3M · 0.21%
Network Services Company IL$44.3M · 0.01%
S & S Activewear, LLC IL$44.0M · 0.20%
Wyffels Hybrids, Inc. IL$43.1M · 0.31%
Neuco, Inc. IL$41.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363823680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.