Plan Ledger DOL Form 5500 · updated monthly

O'Brien Steel Service Co.401(k)

O'BRIEN GROUP 401(K) PLAN · PEORIA, IL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

O'Brien Steel Service Co. reported $42,983 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,743 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 0.14% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,455th-largest of 3,702 plans among Illinois employers on file, and the 1,527th of 4,246 in wholesale trade. In 2024, employees put in $2.13 for every $1.00 the employer contributed; active participation has grown from 381 to 422 since 2022.

Plan summary
Net assets, end of year$25,893,801
Participants with balances445
Active participants422
Employer contributions$735,360
Employee contributions$1,568,323
Employer contribution per active participant$1,743
Average account balance$58,188
Benefits paid to participants$3,534,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 445 accts · $735K emplr
2023$24.0M · 436 accts · $707K emplr
2022$20.4M · 408 accts · $631K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,981
Trustee / custodial$2
Total administrative$42,983
The O'Brien Steel Service Co. 401(k) match · 2024
Employer contribution per active participant$1,743
Median for plans this size$2,416
2024$1,743 per active participant
2023$1,742 per active participant
2022$1,656 per active participant

O'Brien Steel Service Co.'s 2024 employer contribution ran below 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
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$42,984
CHARLES SCHWAB TRUST BANK · Custodial (securities)$2

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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

Administrative cost history3
2024$42,983 · 0.17%
2023$30,511 · 0.14%
2022$29,562 · 0.14%
Same employer
Similar plansWholesale Trade · Illinois
Chervon North America, Inc. IL$27.7M · 0.23%
Trim-Rite, Inc. IL$27.6M · 0.33%
Gerflor USA Inc IL$27.0M · 0.39%
Georgia Nut Company IL$26.1M · 0.21%
Florstar Sales, Inc. IL$25.6M · 0.35%
Swiss Steel USA, Inc. IL$25.2M · 0.40%
Metal One America, Inc. IL$24.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370991960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.