Plan Ledger DOL Form 5500 · updated monthly

Overture Promotions Inc.401(k)

OVERTURE PROMOTIONS INC. 401(K) PLAN · WAUKEGAN, IL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Overture Promotions Inc. reported $42,256 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $249 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 3 years on file its reported administrative ratio has held roughly steady near 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans. By assets it is among the smaller plans on file in Illinois (2,487th of 3,702). In 2024, employees put in $12.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,933,297
Participants with balances156
Active participants257
Employer contributions$64,016
Employee contributions$827,471
Employer contribution per active participant$249
Average account balance$57,265
Benefits paid to participants$375,503
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, COOPER & CO., LTD.
Plan history2
Yearassets · accounts · employer contribution
2024$8.9M · 156 accts · $64K emplr
2022$5.3M · 94 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,974
Investment management$24,282
Total administrative$42,256
The Overture Promotions Inc. 401(k) match · 2024
Employer contribution per active participant$249
Median for plans this size$1,313
2024$249 per active participant
2022$225 per active participant

Overture Promotions Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$20,302
EMPOWER ADVISORY GROUP, LLC · Investment management$3,980

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

Administrative cost history2
2024$42,256 · 0.52%
2022$29,262 · 0.50%
Similar plansplans of similar size
Fitness Formula, LTD IL$8.9M · 0.34%
Iatse 127 TX$8.9M · 0.55%
Nye Health Services NE$8.9M · 0.77%
Ksp Group, Inc. WI$8.9M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853204725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.