Plan Ledger DOL Form 5500 · updated monthly

Handi-Foil Corporation401(k)

HANDI-FOIL CORPORATION 401(K) PLAN · WHEELING, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Handi-Foil Corporation reported $19,239 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,248 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 3 years on file its reported administrative ratio has held roughly steady near 0.053%. 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 the 1,130th-largest of 3,702 plans among Illinois employers on file, and the 3,806th of 13,661 in manufacturing. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 230 to 258 since 2022.

Plan summary
Net assets, end of year$38,217,245
Participants with balances329
Active participants258
Employer contributions$838,109
Employee contributions$1,845,915
Employer contribution per active participant$3,248
Average account balance$116,162
Benefits paid to participants$4,704,611
Plan auditUnmodified (clean) audit opinion
AuditorOSTROW REISIN BERK & ABRAMS LTD
Plan history3
Yearassets · accounts · employer contribution
2024$38.2M · 329 accts · $838K emplr
2023$33.7M · 321 accts · $776K emplr
2022$27.3M · 306 accts · $737K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,088
Investment management$13,151
Total administrative$19,239
The Handi-Foil Corporation 401(k) match · 2024
Employer contribution per active participant$3,248
Median for plans this size$2,416
2024$3,248 per active participant
2023$3,168 per active participant
2022$3,206 per active participant

Handi-Foil Corporation'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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,151
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,088

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$19,239 · 0.05%
2023$19,269 · 0.06%
2022$16,276 · 0.05%
Same employer
Similar plansManufacturing · Illinois
Unilock Chicago, Inc. IL$38.7M · 0.15%
Synergy Flavors Inc IL$38.5M · 0.25%
Colson Group Holdings, LLC IL$37.7M · 0.32%
Ipsen, Inc. IL$37.5M · 0.19%
Superior Graphite Company IL$37.1M · 0.02%
Dynomax, Inc. IL$36.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363309158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.