Plan Ledger DOL Form 5500 · updated monthly

Ozinga Ready Mix Concrete, Inc.401(k)

OZINGA READY MIX CONCRETE, INC. 401(K) SAVINGS PLAN · MOKENA, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Ozinga Ready Mix Concrete, Inc. reported $56,893 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,563rd-largest of 3,702 plans among Illinois employers on file, and the 5,403rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$23,118,898
Participants with balances760
Active participants724
Employer contributions$0
Employee contributions$4,161,499
Employer contribution per active participant$0
Average account balance$30,420
Benefits paid to participants$2,428,271
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 760 accts
2023$19.0M · 720 accts
2022$14.7M · 666 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,555
Investment management$39,338
Total administrative$56,893
The Ozinga Ready Mix Concrete, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Ozinga Ready Mix Concrete, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$39,341
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,555

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$56,893 · 0.27%
2023$42,110 · 0.25%
2022$38,857 · 0.26%
All plans at this employer2
OZINGA READY MIX CONCRETE, INC. 401(K) SAVINGS PLAN401(k)
OZINGA READY MIX CONCRETE, INC. RETIREMENT PLAN401(k)
Similar plansManufacturing · Illinois
Dober Chemical Corporation IL$23.2M · 0.30%
Mbl (USA) Corporation IL$23.2M · 0.27%
Luse Holdings, Inc. IL$23.1M · 0.07%
Focal Point LLC IL$22.9M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263757838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.