Plan Ledger DOL Form 5500 · updated monthly

Imperial Aluminum - Minerva LLC401(k)

IMPERIAL ALUMINUM, LLC 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
1.15%

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

Imperial Aluminum - Minerva LLC reported $3,522 in plan administrative expenses for 2022: 1.15% of average plan assets, above the peer median. Employer contributions averaged $401 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,589th of 3,702), and 13,525th of 13,661 in manufacturing. In 2022, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$361,630
Participants with balances55
Active participants158
Employer contributions$63,415
Employee contributions$96,444
Employer contribution per active participant$401
Average account balance$6,575
Benefits paid to participants$1,677
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,522
Total administrative$3,522
The Imperial Aluminum - Minerva LLC 401(k) match · 2022
Employer contribution per active participant$401
Median for plans this size$331

Imperial Aluminum - Minerva LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,522 · 1.15%
Similar plansManufacturing · Illinois
Nutrivo, LLC IL$733K · 1.09%
Iceberg Enterprises, LLC IL$498K · 0.65%
Rjl Inc IL$456K · 1.99%
Kdm Enterprises, LLC IL$390K · 1.16%
Urban Farmer, LLC IL$326K · 0.32%
Baily International, LLC IL$196K · 0.40%
Dadant & Sons Inc IL$187K · 1.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270303194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.