Plan Ledger DOL Form 5500 · updated monthly

Headco Industries, Inc.401(k)

HEADCO INDUSTRIES, INC. PROFIT SHARING AND 401(K) PLAN · BROADVIEW, IL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Headco Industries, Inc. reported $100,564 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,266 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 0.44% to 0.56%. 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 1,769th-largest of 3,702 plans among Illinois employers on file, and the 2,031st of 4,246 in wholesale trade. In 2024, employees put in $3.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,437,083
Participants with balances275
Active participants237
Employer contributions$300,067
Employee contributions$1,057,355
Employer contribution per active participant$1,266
Average account balance$67,044
Benefits paid to participants$2,113,467
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 275 accts · $300K emplr
2023$17.3M · 285 accts · $294K emplr
2022$14.9M · 275 accts · $125K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,439
Investment management$3,125
Total administrative$100,564
The Headco Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,266
Median for plans this size$2,416
2024$1,266 per active participant
2023$1,224 per active participant
2022$514 per active participant

Headco Industries, 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
CAPITAL STRATEGIES INVESTMENT GROUP · Investment advisory (plan)$3,125

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$100,564 · 0.56%
2023$66,374 · 0.41%
2022$70,059 · 0.44%
Same employer
Similar plansWholesale Trade · Illinois
The Cary Company IL$18.5M · 0.69%
Vzl Staffing Services, LLC IL$18.5M · 0.93%
Kuna Meat Company, Inc. IL$17.9M · 1.03%
Ca Fortune IL$17.7M · 0.27%
Safco Dental Supply LLC IL$17.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361687851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.