Plan Ledger DOL Form 5500 · updated monthly

Interlake Mecalux Inc401(k)

INTERLAKE MECALUX INC 401(K) PROFIT SHARING PLAN AND TRUST · MELROSE PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Interlake Mecalux Inc reported $61,192 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,139 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 fell from 0.59% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,810th-largest of 3,702 plans among Illinois employers on file, and the 804th of 2,677 in transportation & warehousing. In 2024, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 358 to 462 since 2022.

Plan summary
Net assets, end of year$17,876,535
Participants with balances475
Active participants462
Employer contributions$987,991
Employee contributions$1,626,664
Employer contribution per active participant$2,139
Average account balance$37,635
Benefits paid to participants$1,293,099
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 475 accts · $988K emplr
2023$13.9M · 354 accts · $702K emplr
2022$10.9M · 349 accts · $642K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,192
Investment management$6,000
Total administrative$61,192
The Interlake Mecalux Inc 401(k) match · 2024
Employer contribution per active participant$2,139
Median for plans this size$2,416
2024$2,139 per active participant
2023$1,907 per active participant
2022$1,794 per active participant

Interlake Mecalux Inc's 2024 employer contribution ran below 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$55,192
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$6,000

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$61,192 · 0.39%
2023$48,388 · 0.39%
2022$65,655 · 0.59%
Same employer
Similar plansTransportation & Warehousing · Illinois
Mid America Overseas Inc IL$19.1M · 0.02%
Footprint Acquisition LLC IL$17.0M · 0.01%
Rjw Logistics Group, Inc. IL$16.6M · 1.46%
The Custom Companies, Inc. IL$16.3M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 364364378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.