Plan Ledger DOL Form 5500 · updated monthly

Midwest Groundcovers, LLC401(k)

MIDWEST GROUNDCOVERS LLC 401(K) PLAN · ST CHARLES, IL · plan year 2022

Reported admin expense ratio · 2022
0.02%

Midwest Groundcovers, LLC reported $988 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. 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 agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Illinois (3,067th of 3,702), and 679th of 945 in agriculture, forestry & fishing.

Plan summary
Net assets, end of year$4,144,126
Participants with balances58
Active participants193
Employer contributions—
Employee contributions$190,369
Employer contribution per active participant—
Average account balance$71,450
Benefits paid to participants$1,260,767
Plan auditUnmodified (clean) audit opinion
AuditorERIC J. FERNANDEZ & CO.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$988
Total administrative$988
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$988 · 0.02%
Same employer
Similar plansAgriculture, Forestry & Fishing · Illinois
Gdm Seeds, Inc. IL$9.4M · 0.55%
Pearl City Elevator, Inc. IL$8.2M · 0.50%
Pharmacann Inc IL$7.6M · 3.06%
Eckert's, Inc. IL$2.2M · 0.26%
Pearl Valley Farms, Inc. IL$2.1M · 0.92%
Apet, Inc. IL$2.0M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364407889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.