Plan Ledger DOL Form 5500 · updated monthly

Serrala US Corporation401(k)

SERRALA US CORPORATION 401(K) PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Serrala US Corporation reported $50,472 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,953 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 0.21% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,656th-largest of 3,702 plans among Illinois employers on file, and the 5,396th of 11,654 in professional & technical services. In 2023, employees put in $2.28 for every $1.00 the employer contributed; active participation has shrunk from 120 to 96 since 2022.

Plan summary
Net assets, end of year$20,888,235
Participants with balances157
Active participants96
Employer contributions$475,529
Employee contributions$1,086,083
Employer contribution per active participant$4,953
Average account balance$133,046
Benefits paid to participants$4,339,497
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 152 accts · $402K emplr
2023$20.9M · 157 accts · $476K emplr
2022$19.7M · 167 accts · $447K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,852
Total administrative$50,472
The Serrala US Corporation 401(k) match · 2023
Employer contribution per active participant$4,953
Median for plans this size$2,440
2024$4,419 per active participant
2023$4,953 per active participant
2022$3,721 per active participant

Serrala US Corporation's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 · 20231
JOHN HANCOCK USA · Recordkeeping · Investment management$4,332

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,942 · 0.27%
2023$50,472 · 0.25%
2022$46,868 · 0.21%
Same employer
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R.M. Chin & Associates, Inc IL$21.3M · 0.05%
Accertify, Inc. IL$21.2M · 0.09%
Edgar a. Weber & Company IL$21.1M · 1.16%
The Roderick Group, Inc. IL$20.8M · 0.80%
Mowery & Schoenfeld, LLC IL$20.5M · 0.27%
Cleo Communications, Inc. IL$20.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300647153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.