Plan Ledger DOL Form 5500 · updated monthly

Ozinga Bros., Inc.401(k)

OZINGA BROS., INC. EMPLOYEE'S PROFIT SHARING PLAN & TRUST · MOKENA, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Ozinga Bros., Inc. reported $107,592 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $12,425 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 fell from 0.10% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 424th-largest of 3,702 plans among Illinois employers on file, and the 1,471st of 13,661 in manufacturing. In 2024, the employer put in $1.79 for every $1.00 employees contributed themselves; active participation has grown from 583 to 650 since 2022.

Plan summary
Net assets, end of year$142,724,641
Participants with balances796
Active participants650
Employer contributions$8,075,968
Employee contributions$4,505,705
Employer contribution per active participant$12,425
Average account balance$179,302
Benefits paid to participants$6,459,244
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$142.7M · 796 accts · $8.1M emplr
2023$121.7M · 751 accts · $7.3M emplr
2022$97.6M · 717 accts · $5.9M emplr
The Ozinga Bros., Inc. 401(k) match · 2024
Employer contribution per active participant$12,425
Median for plans this size$3,635
2024$12,425 per active participant
2023$12,054 per active participant
2022$10,185 per active participant

Ozinga Bros., Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$138,007
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$107,592 · 0.08%
2023$101,179 · 0.09%
2022$108,697 · 0.10%
Same employer
Similar plansManufacturing · Illinois
Bunn-O-Matic Corporation IL$151.2M · 0.13%
G&W Electric Company IL$150.5M · 0.05%
Century Aluminum Company IL$149.7M · 0.05%
New Flyer Holdings, Inc. IL$140.0M · 0.34%
Wahl Clipper Corporation IL$139.1M · 0.10%
Vcna Prairie LLC IL$138.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362332999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.