Plan Ledger DOL Form 5500 · updated monthly

Lindemann Chimney Service Inc.401(k)

LINDEMANN CHIMNEY SERVICE INC. 401(K) AND PROFIT SHARING PLAN TRUST · LAKE BLUFF, IL · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Lindemann Chimney Service Inc. reported $23,381 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,240 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,196th of 3,702), and 10,457th of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,229,426
Participants with balances121
Active participants104
Employer contributions$232,957
Employee contributions$468,152
Employer contribution per active participant$2,240
Average account balance$26,689
Benefits paid to participants$171,982
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, COOPER AND CO, LTD.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,381
Total administrative$23,381
The Lindemann Chimney Service Inc. 401(k) match · 2024
Employer contribution per active participant$2,240
Median for plans this size$1,313

Lindemann Chimney Service Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
OSAIC FA INC · Investment advisory (plan)$12,433
CAPITAL GROUP RETIREMENT PLAN SERV$7,983
THE RETIREMENT ADVANTAGE, INC · Contract administrator$2,625

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

Administrative cost history1
2024$23,381 · 0.84%
Similar plansProfessional & Technical Services · Illinois
Calmark Group, LLC IL$3.7M · 0.27%
Casters Holdings, LLC IL$3.5M · 0.22%
Business Talent Group LLC IL$3.4M · 1.22%
Accurate Personnel LLC IL$3.0M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363389598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.