Plan Ledger DOL Form 5500 · updated monthly

Prinova US LLC401(k)

PRINOVA US LLC 401(K) RETIREMENT PLAN · CAROL STREAM, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Prinova US LLC reported $64,332 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,744 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 0.22% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,132nd-largest of 3,702 plans among Illinois employers on file, and the 1,082nd of 4,246 in wholesale trade. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 724 to 907 since 2022.

Plan summary
Net assets, end of year$38,154,123
Participants with balances680
Active participants907
Employer contributions$1,581,627
Employee contributions$3,306,411
Employer contribution per active participant$1,744
Average account balance$56,109
Benefits paid to participants$2,834,745
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$38.2M · 680 accts · $1.6M emplr
2023$31.2M · 495 accts · $1.3M emplr
2022$24.4M · 460 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,332
Total administrative$64,332
The Prinova US LLC 401(k) match · 2024
Employer contribution per active participant$1,744
Median for plans this size$2,416
2024$1,744 per active participant
2023$1,537 per active participant
2022$1,549 per active participant

Prinova US 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.

Administrative cost history3
2024$64,332 · 0.19%
2023$56,813 · 0.20%
2022$56,093 · 0.22%
Same employer
Similar plansWholesale Trade · Illinois
Kennicott Brothers Company IL$41.5M · 0.28%
West Side Tractor Sales Co. IL$40.4M · 0.03%
Victor Envelope Company IL$39.9M · 0.28%
Doall Company IL$36.8M · 0.29%
Cil North America LLC IL$36.5M · 0.02%
Rm Acquisition, LLC IL$35.3M · 0.03%
Radio Flyer, Inc. IL$34.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061654932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.