Plan Ledger DOL Form 5500 · updated monthly

Kroeschell, Inc.401(k)

KROESCHELL, INC. CONTRIBUTORY PROFIT SHARING/401(K) PLAN · ARLINGTON HEIGHTS, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Kroeschell, Inc. reported $75,821 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,239 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 0.31% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,523rd-largest of 3,702 plans among Illinois employers on file, and the 1,785th of 5,337 in construction. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 109 to 159 since 2022.

Plan summary
Net assets, end of year$24,066,895
Participants with balances269
Active participants159
Employer contributions$355,994
Employee contributions$880,317
Employer contribution per active participant$2,239
Average account balance$89,468
Benefits paid to participants$2,115,948
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 269 accts · $356K emplr
2023$21.4M · 251 accts · $307K emplr
2022$18.6M · 250 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,995
Investment management$40,826
Total administrative$75,821
The Kroeschell, Inc. 401(k) match · 2024
Employer contribution per active participant$2,239
Median for plans this size$2,416
2024$2,239 per active participant
2023$2,744 per active participant
2022$2,752 per active participant

Kroeschell, 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
WINTRUST INVESTMENTS LLC · Investment advisory (plan)$40,826
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,995

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$75,821 · 0.33%
2023$63,814 · 0.32%
2022$68,096 · 0.31%
All plans at this employer2
KROESCHELL, INC. CONTRIBUTORY PROFIT SHARING/401(K) PLAN401(k)
KROESCHELL, INC. AMENDED AND RESTATED EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 361343970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.