Plan Ledger DOL Form 5500 · updated monthly

Onsite Woodwork Corporation401(k)

ONSITE STASH THE CASH 401(K) PLAN · LOVES PARK, IL · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

Onsite Woodwork Corporation reported $51,788 in plan administrative expenses for 2022: 0.55% of average plan assets, above the peer median. Employer contributions averaged $3,856 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 0.55% to 0.59%. 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 (2,507th of 3,702), and 9,341st of 13,661 in manufacturing. In 2022, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,736,227
Participants with balances118
Active participants104
Employer contributions$401,000
Employee contributions$534,101
Employer contribution per active participant$3,856
Average account balance$74,036
Benefits paid to participants$732,173
Plan auditUnmodified (clean) audit opinion
AuditorJMM CPA
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 92 accts · $338K emplr
2023$7.6M · 109 accts · $359K emplr
2022$8.7M · 118 accts · $401K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,271
Investment management$32,517
Total administrative$51,788
The Onsite Woodwork Corporation 401(k) match · 2022
Employer contribution per active participant$3,856
Median for plans this size$1,114
2024$6,267 per active participant
2023$4,129 per active participant
2022$3,856 per active participant

Onsite Woodwork Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$40,789 · 0.59%
2023$46,194 · 0.57%
2022$51,788 · 0.55%
Same employer
Similar plansManufacturing · Illinois
Principal Manufacturing IL$8.9M · 0.23%
Flex-N-Gate Oklahoma LLC IL$8.8M · 0.26%
Ruprecht IL$8.7M · 0.34%
O & K American Corp. IL$8.6M · 0.03%
Paragon Biosciences LLC IL$8.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362897254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.