Plan Ledger DOL Form 5500 · updated monthly

Komax Corporation401(k)

KOMAX CORPORATION 401(K) RETIREMENT PLAN · BUFFALO GROVE, IL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Komax Corporation reported $39,687 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,798 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 0.30%. 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 among the smaller plans on file in Illinois (2,108th of 3,702), and 7,547th of 13,661 in manufacturing. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 101 to 120 since 2022.

Plan summary
Net assets, end of year$13,541,626
Participants with balances132
Active participants120
Employer contributions$335,733
Employee contributions$669,838
Employer contribution per active participant$2,798
Average account balance$102,588
Benefits paid to participants$2,074,121
Plan auditUnmodified (clean) audit opinion
AuditorFGMK
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 132 accts · $336K emplr
2023$12.7M · 145 accts · $314K emplr
2022$11.2M · 122 accts · $306K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,496
Investment management$23,191
Total administrative$39,687
The Komax Corporation 401(k) match · 2024
Employer contribution per active participant$2,798
Median for plans this size$2,416
2024$2,798 per active participant
2023$2,937 per active participant
2022$3,029 per active participant

Komax 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$16,496
AMERICAN PORTFOLIO ADVISORS, INC · Investment advisory (plan)$23,191

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,687 · 0.30%
2023$34,368 · 0.29%
2022$34,898 · 0.29%
Same employer
Similar plansManufacturing · Illinois
Alsip Minimill, LLC IL$13.6M · 0.39%
Kress Corporation IL$13.6M · 0.44%
Cast Products Inc IL$13.6M · 0.45%
Okaw Properties Inc IL$13.4M · 0.17%
Control Solutions LLC IL$13.3M · 0.06%
T/Cci Manufacturing, L.L.C. IL$13.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363109026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.