Plan Ledger DOL Form 5500 · updated monthly

Perfect Air & Home Improvement,401(k)

PERFECT HOME SERVICES 401(K) PLAN · AURORA, IL · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Perfect Air & Home Improvement, reported $3,789 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,770 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 1 year on file its reported administrative ratio fell from 0.30% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (2,481st of 3,702), and 3,242nd of 5,337 in construction. In 2023, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,997,784
Participants with balances156
Active participants116
Employer contributions$205,314
Employee contributions$297,390
Employer contribution per active participant$1,770
Average account balance$57,678
Benefits paid to participants$834,211
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDIT P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$9.0M · 156 accts · $205K emplr
2022$1.0M · 148 accts · $202K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,789
Total administrative$3,789
The Perfect Air & Home Improvement, 401(k) match · 2023
Employer contribution per active participant$1,770
Median for plans this size$1,308
2023$1,770 per active participant
2022$2,248 per active participant

Perfect Air & Home Improvement,'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$2,642
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$3,789 · 0.08%
2022$2,480 · 0.30%
Same employer
Similar plansConstruction · Illinois
U.S. Waterproofing IL$10.1M · 0.65%
Optima, Inc. IL$9.3M · 0.61%
R.L. Brink Corp. IL$7.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204999075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.