Plan Ledger DOL Form 5500 · updated monthly

Prince Industries LLC401(k)

PRINCE INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · CAROL STREAM, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Prince Industries LLC reported $53,185 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,409 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 0.03% to 0.33%. 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 1,700th-largest of 3,702 plans among Illinois employers on file, and the 5,960th of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 160 to 350 since 2022.

Plan summary
Net assets, end of year$19,834,579
Participants with balances235
Active participants350
Employer contributions$492,979
Employee contributions$999,286
Employer contribution per active participant$1,409
Average account balance$84,402
Benefits paid to participants$1,381,418
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 235 accts · $493K emplr
2023$12.4M · 137 accts · $286K emplr
2022$10.3M · 133 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,062
Investment management$51,123
Total administrative$53,185
The Prince Industries LLC 401(k) match · 2024
Employer contribution per active participant$1,409
Median for plans this size$2,416
2024$1,409 per active participant
2023$1,633 per active participant
2022$1,641 per active participant

Prince Industries LLC's 2024 employer contribution ran below the $2,416 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 · 20243
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$36,572
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$14,551
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,062

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$53,185 · 0.33%
2023$12,898 · 0.11%
2022$3,494 · 0.03%
Same employer
Similar plansManufacturing · Illinois
Tersera Therapeutics LLC IL$20.2M · 0.09%
Specialty Promotions, Inc. IL$20.2M · 0.34%
Regis Technologies, Inc. IL$20.0M · 0.02%
Seymour of Sycamore, Inc. IL$19.4M · 0.31%
Auto Meter Products, Inc. IL$19.3M · 0.21%
Chroma Color Corporation IL$19.3M · 0.36%
Merisant US, Inc. IL$19.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362875547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.