Plan Ledger DOL Form 5500 · updated monthly

Luster Products, Inc.401(k)

LUSTER PRODUCTS, INC 401(K) PROFIT SHARING PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.52%

Luster Products, Inc. reported $31,411 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. 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 0.52% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,895th of 3,702), and 10,963rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$5,458,084
Participants with balances131
Active participants133
Employer contributions—
Employee contributions$208,057
Employer contribution per active participant—
Average account balance$41,665
Benefits paid to participants$783,566
Plan auditUnmodified (clean) audit opinion
AuditorKUTCHINS
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 102 accts
2023$5.1M · 105 accts
2022$5.5M · 131 accts
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.

Recordkeeper by year2
2024ADP, MESIROW FINANCIAL INC
2023ADP, MESIROW FINANCIAL INC

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

Administrative cost history3
2024$33,859 · 0.66%
2023$30,064 · 0.57%
2022$31,411 · 0.52%
Same employer
Similar plansManufacturing · Illinois
Chemtech Plastics, Inc. IL$5.7M · 0.92%
Era Industries, LLC IL$5.5M · 1.34%
Avlon Industries Inc IL$5.4M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362447832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.