Plan Ledger DOL Form 5500 · updated monthly

Quad-County Ready Mix Corp.401(k)

QUAD COUNTY READY MIX 401(K) PLAN · OKAWVILLE, IL · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Quad-County Ready Mix Corp. reported $71,305 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,211 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Illinois (1,981st of 3,702), and the 2,448th of 5,337 in construction. In 2022, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,207,956
Participants with balances94
Active participants92
Employer contributions$295,399
Employee contributions$472,687
Employer contribution per active participant$3,211
Average account balance$161,787
Benefits paid to participants$4,208,605
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$71,305
Total administrative$71,305
The Quad-County Ready Mix Corp. 401(k) match · 2022
Employer contribution per active participant$3,211
Median for plans this size$2,266

Quad-County Ready Mix Corp.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$71,305 · 0.37%
Similar plansConstruction · Illinois
Feldco Factory Direct, LLC IL$15.8M · 0.78%
Gar Construction, LLC IL$15.3M · 0.48%
Rose Paving, LLC IL$15.3M · 0.66%
Dukane Precast, Inc. IL$14.6M · 0.57%
Shodeen Group, LLC IL$13.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370694034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.