Plan Ledger DOL Form 5500 · updated monthly

H3 Manufacturing Group, LLC401(k)

H3 MANUFACTURING GROUP, LLC 401(K) SAVINGS PLAN · SCHAUMBURG, IL · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

H3 Manufacturing Group, LLC reported $3,150 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $576 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 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,694th of 3,702), and 10,013th of 13,661 in manufacturing. In 2023, employees put in $5.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,274,416
Participants with balances207
Active participants151
Employer contributions$86,982
Employee contributions$473,656
Employer contribution per active participant$576
Average account balance$35,142
Benefits paid to participants$212,541
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 241 accts · $87K emplr
2023$7.3M · 207 accts · $87K emplr
2022$6.0M · 213 accts · $144K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,150
Total administrative$3,150
The H3 Manufacturing Group, LLC 401(k) match · 2023
Employer contribution per active participant$576
Median for plans this size$1,308
2024$538 per active participant
2023$576 per active participant
2022$911 per active participant

H3 Manufacturing Group, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,150
MORGAN STANLEY SMITH BARNEYindirect comp

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$7,200 · 0.10%
2023$3,150 · 0.05%
2022$1,600 · 0.03%
Same employer
Similar plansManufacturing · Illinois
Venus Laboratories, Inc. IL$7.4M · 0.51%
Silva International Inc IL$7.4M · 0.37%
J & M Plating, Inc. IL$7.2M · 0.48%
Midway Industries, Inc. IL$7.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421674097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.