Plan Ledger DOL Form 5500 · updated monthly

Meats by Linz, Inc.401(k)

MEATS BY LINZ, INC. 401(K) PENSION PLAN · CALUMET CITY, IL · plan year 2022

Reported admin expense ratio · 2022
0.64%

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

Meats by Linz, Inc. reported $26,789 in plan administrative expenses for 2022: 0.64% of average plan assets, above the peer median. Employer contributions averaged $10 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,072nd of 3,702), and 11,682nd of 13,661 in manufacturing. In 2022, employees put in $176.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,101,828
Participants with balances71
Active participants237
Employer contributions$2,308
Employee contributions$407,924
Employer contribution per active participant$10
Average account balance$57,772
Benefits paid to participants$10,009
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, COOPER&CO., LTC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,087
Investment management$19,702
Total administrative$26,789
The Meats by Linz, Inc. 401(k) match · 2022
Employer contribution per active participant$10
Median for plans this size$1,114

Meats by Linz, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$26,789 · 0.64%
Same employer
Similar plansManufacturing · Illinois
The Caldwell Group, Inc. IL$4.3M · 0.86%
Plaspros Inc. IL$4.1M · 0.41%
Azteca Foods, Inc. IL$4.1M · 0.15%
Connemara Converting IL$4.1M · 0.56%
Ucal Systems, Inc. IL$4.0M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362813489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.