Plan Ledger DOL Form 5500 · updated monthly

Miner Enterprises, IncProfit-sharing plan

MINER ENTERPRISES PROFIT SHARING PLAN · GENEVA, IL · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

Miner Enterprises, Inc reported $247,638 in plan administrative expenses for 2023: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $11,104 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 0.31% to 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 723rd-largest of 3,702 plans among Illinois employers on file, and the 2,465th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$70,128,349
Participants with balances371
Active participants316
Employer contributions$3,508,840
Employee contributions—
Employer contribution per active participant$11,104
Average account balance$189,025
Benefits paid to participants$3,507,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.8M · 449 accts · $3.7M emplr
2023$70.1M · 371 accts · $3.5M emplr
2022$61.7M · 370 accts · $3.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$74,960
Investment management$161,478
Audit (IQPA)$11,200
Total administrative$247,638
Employer contributions to the Miner Enterprises, Inc plan · 2023
Employer contribution per active participant$11,104
Median for plans this size$3,659
2024$11,788 per active participant
2023$11,104 per active participant
2022$11,781 per active participant

Miner Enterprises, Inc's 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Participant communication$74,960
SANDS CAPITAL MANAGEMENT · Investment management$75,938
FIDUCIENT ADVISORS · Investment advisory (plan)$70,590
HUNTER BENEFITS CONSULTING GROUP · Investment advisory (plan)$14,950
SIKICH LLP · Accounting / audit$11,200
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$266,123 · 0.38%
2023$247,638 · 0.38%
2022$195,463 · 0.31%
All plans at this employer2
MINER ENTERPRISES PROFIT SHARING PLANProfit-sharing plan
MINER ENTERPRISES PENSION PLANMoney purchase plan
Same employer
Similar plansManufacturing · Illinois
Viskase Companies, Inc. IL$72.1M · 0.10%
Modern Forge Services, LLC IL$70.4M · 0.15%
Roxul USA Inc. IL$70.3M · 0.28%
Sunstar Americas, Inc. IL$69.5M · 0.08%
Otto Engineering, Inc. IL$68.5M · 0.14%
Camcraft, Inc. IL$67.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362694314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.