Plan Ledger DOL Form 5500 · updated monthly

Serra Laser Precision, LLC401(k)

SERRA LASER PRECISION, LLC 401(K) PLAN · LIBERTYVILLE, IL · plan year 2022

Reported admin expense ratio · 2022
1.21%

Serra Laser Precision, LLC reported $10,222 in plan administrative expenses for 2022: 1.21% of average plan assets, above the peer median. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,522nd of 3,702), and 13,364th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$772,582
Participants with balances48
Active participants95
Employer contributions—
Employee contributions$123,673
Employer contribution per active participant—
Average account balance$16,095
Benefits paid to participants$81,499
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,864
Investment management$358
Total administrative$10,222
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$10,222 · 1.21%
Similar plansManufacturing · Illinois
Midan, Inc. IL$804K · 0.65%
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Dart Casting Inc IL$785K · 0.47%
Midwest Can Company IL$758K · 0.39%
Nutrivo, LLC IL$733K · 1.09%
Iceberg Enterprises, LLC IL$498K · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200528569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.