Plan Ledger DOL Form 5500 · updated monthly

H.W. Lochner, Inc.401(k)

H.W. LOCHNER, INC. 401(K) RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

H.W. Lochner, Inc. reported $122,800 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,910 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 0.03% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 408th-largest of 3,702 plans among Illinois employers on file, and the 1,031st of 11,654 in professional & technical services. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has grown from 621 to 797 since 2022.

Plan summary
Net assets, end of year$151,070,314
Participants with balances1,102
Active participants797
Employer contributions$2,319,181
Employee contributions$5,301,021
Employer contribution per active participant$2,910
Average account balance$137,087
Benefits paid to participants$31,940,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$151.1M · 1,102 accts · $2.3M emplr
2023$137.4M · 851 accts · $1.7M emplr
2022$118.0M · 806 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,775
Investment management$63,241
Total administrative$122,800
The H.W. Lochner, Inc. 401(k) match · 2024
Employer contribution per active participant$2,910
Median for plans this size$3,635
2024$2,910 per active participant
2023$2,698 per active participant
2022$1,758 per active participant

H.W. Lochner, Inc.'s 2024 employer contribution ran below the $3,635 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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$15,028
THE ANGELL PENSION GROUP, INC. · Other services$8,633

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$122,800 · 0.09%
2023$119,132 · 0.09%
2022$41,963 · 0.03%
Same employer
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Institute of Gas Technology IL$156.0M · 0.06%
Leydig, Voit & Mayer, LTD. IL$149.3M · 0.14%
Miller, Cooper & Co., LTD. IL$148.3M · 0.14%
Amundsen Davis LLC IL$142.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362338811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.