Plan Ledger DOL Form 5500 · updated monthly

Maclean-Fogg Company401(k)

MACLEAN-FOGG COMPANY PROFIT SHARING AND SAVINGS PLAN · MUNDELEIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Maclean-Fogg Company reported $370,269 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,451 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 0.21% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 308th-largest of 3,702 plans among Illinois employers on file, and the 1,096th of 13,661 in manufacturing. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has shrunk from 2,741 to 1,810 since 2022.

Plan summary
Net assets, end of year$217,314,590
Participants with balances2,464
Active participants1,810
Employer contributions$4,435,597
Employee contributions$11,498,573
Employer contribution per active participant$2,451
Average account balance$88,196
Benefits paid to participants$25,972,872
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$217.3M · 2,464 accts · $4.4M emplr
2023$197.7M · 2,263 accts · $4.1M emplr
2022$205.4M · 3,540 accts · $7.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$259,840
Investment management$83,743
Audit (IQPA)$22,100
Total administrative$370,269
The Maclean-Fogg Company 401(k) match · 2024
Employer contribution per active participant$2,451
Median for plans this size$3,635
2024$2,451 per active participant
2023$2,567 per active participant
2022$2,630 per active participant

Maclean-Fogg Company's 2024 employer contribution ran below the $3,635 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 · 20246
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$253,509
FIDUCIENT ADVISORS · Investment advisory (plan)$72,059
SIKICH LLP · Accounting / audit$22,100
EMPOWER ANNUITY INSURANCE COMPANY · Investment advisory (plan)$11,684
PRUDENTIAL RET INS & ANNUITY CO · Contract administrator · Insurance broker$6,331
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$370,269 · 0.18%
2023$390,203 · 0.19%
2022$470,337 · 0.21%
Same employer
Similar plansManufacturing · Illinois
Tate & Lyle Americas, LLC IL$233.2M · 0.09%
Filtration Group Corporation IL$224.2M · 0.19%
Wheatland Tube, LLC IL$223.4M · 0.06%
Ferrara Candy Company IL$217.3M · 0.23%
Hormel Foods Corporation IL$209.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362431745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.