Plan Ledger DOL Form 5500 · updated monthly

Orland Park Fralich Inc 3126401(k)

FRALICH INC 401(K) PROFIT SHARING PLAN & TRUST · ORLAND PARK, IL · plan year 2022

Reported admin expense ratio · 2022
14.63%

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

Orland Park Fralich Inc 3126 reported $3,237 in plan administrative expenses for 2022: 14.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (3,681st of 3,702), and 5,197th of 5,215 in retail trade.

Plan summary
Net assets, end of year$26,282
Participants with balances10
Active participants145
Employer contributions$0
Employee contributions$27,742
Employer contribution per active participant$0
Average account balance$2,628
Benefits paid to participants$12,144
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,227
Investment management$10
Total administrative$3,237
The Orland Park Fralich Inc 3126 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Orland Park Fralich Inc 3126's 2022 employer contribution ran below the $331 median for plans its size, in the bottom 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 history1
2022$3,237 · 14.63%
Similar plansRetail Trade · Illinois
Kildeer Advisors, Inc. IL$112K · 1.25%
The Standard Market LLC IL$84K · 4.27%
Javin, Inc. IL$37K · 0.59%
Gema Incorporated MD$30K · 2.13%
Nexus Rvs, LLC IN$26K · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364476981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.