Plan Ledger DOL Form 5500 · updated monthly

Ozinga South Florida, Inc.401(k)

CONSOLIDATED EMPLOYER PLAN · MOKENA, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Ozinga South Florida, Inc. reported $7,712 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,675 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 0.10% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,959th of 3,702), and 11,187th of 13,661 in manufacturing. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 189 to 273 since 2022.

Plan summary
Net assets, end of year$5,025,556
Participants with balances310
Active participants273
Employer contributions$457,152
Employee contributions$996,420
Employer contribution per active participant$1,675
Average account balance$16,211
Benefits paid to participants$628,933
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 310 accts · $457K emplr
2023$3.7M · 265 accts · $433K emplr
2022$2.4M · 240 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,712
Total administrative$7,712
The Ozinga South Florida, Inc. 401(k) match · 2024
Employer contribution per active participant$1,675
Median for plans this size$1,313
2024$1,675 per active participant
2023$1,892 per active participant
2022$1,511 per active participant

Ozinga South Florida, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,712

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$7,712 · 0.18%
2023$2,706 · 0.09%
2022$2,169 · 0.10%
Similar plansManufacturing · Illinois
Rack Builders, Inc. IL$5.1M · 1.12%
News Media Corporation IL$5.1M · 0.01%
Axium Foods, Inc. IL$5.0M · 0.09%
Lyon & Healy Harps, Inc. IL$5.0M · 0.12%
Eagle Flexible Packaging IL$4.8M · 0.58%
National Cycle, Inc. IL$4.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812039733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.