Plan Ledger DOL Form 5500 · updated monthly

Milhouse Engineering and Construction, Inc.401(k)

MILHOUSE ENGINEERING AND CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Milhouse Engineering and Construction, Inc. reported $103,024 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,999 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 rose from 0.44% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,778th-largest of 3,702 plans among Illinois employers on file, and 5,871st of 11,654 in professional & technical services. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has shrunk from 335 to 211 since 2022.

Plan summary
Net assets, end of year$18,267,427
Participants with balances317
Active participants211
Employer contributions$843,808
Employee contributions$1,698,830
Employer contribution per active participant$3,999
Average account balance$57,626
Benefits paid to participants$4,690,522
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 317 accts · $844K emplr
2023$17.9M · 386 accts · $1.1M emplr
2022$15.0M · 371 accts · $903K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,417
Investment management$39,900
Audit (IQPA)$33,707
Total administrative$103,024
The Milhouse Engineering and Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$3,999
Median for plans this size$2,416
2024$3,999 per active participant
2023$3,751 per active participant
2022$2,696 per active participant

Milhouse Engineering and Construction, Inc.'s 2024 employer contribution ran above the $2,416 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
ALLIANCEBERNSTEIN LP · Investment advisory (plan)$39,900
MARCUM LLP · Accounting / audit$33,707

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

Administrative cost history3
2024$103,024 · 0.57%
2023$64,206 · 0.39%
2022$67,709 · 0.44%
Same employer
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PROJECT44, Inc. IL$18.7M · 0.55%
Cority Software (USA) Inc. IL$18.6M · 0.16%
IT Soft USA Inc. IL$18.6M · 0.28%
Shc Direct, LLC IL$18.3M · 0.06%
Servercentral LLC IL$18.2M · 0.05%
Yash Technologies, Inc. IL$18.0M · 0.07%
Hbr Consulting LLC IL$18.0M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364468621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.