Plan Ledger DOL Form 5500 · updated monthly

Slidematic Precision Components, Inc.401(k)

SLIDEMATIC PRECISION COMPONENTS, INC. 401(K) PLAN · ROCKFORD, IL · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Slidematic Precision Components, Inc. reported $93,284 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,067 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 3 years on file its reported administrative ratio has held roughly steady near 0.47%. 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 1,639th-largest of 3,702 plans among Illinois employers on file, and the 5,679th of 13,661 in manufacturing. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,366,546
Participants with balances295
Active participants272
Employer contributions$562,209
Employee contributions$1,095,043
Employer contribution per active participant$2,067
Average account balance$72,429
Benefits paid to participants$1,698,570
Plan auditUnmodified (clean) audit opinion
AuditorDHJJ, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$21.4M · 295 accts · $562K emplr
2023$18.3M · 295 accts · $540K emplr
2022$14.9M · 289 accts · $504K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,930
Investment management$78,239
Total administrative$93,284
The Slidematic Precision Components, Inc. 401(k) match · 2024
Employer contribution per active participant$2,067
Median for plans this size$2,416
2024$2,067 per active participant
2023$1,986 per active participant
2022$1,917 per active participant

Slidematic Precision Components, Inc.'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
JOHN HANCOCK LIFE INSURANCE · Recordkeeping · Investment management$5,080
ERISA INC$4,115
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$4,031

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$93,284 · 0.47%
2023$83,681 · 0.50%
2022$81,756 · 0.49%
Same employer
Similar plansManufacturing · Illinois
Haribo of America, Inc. IL$21.8M · 0.02%
Vvf Kansas Services, LLC IL$21.6M · 0.29%
Kensing, LLC IL$21.5M · 0.17%
Assertio Management, LLC IL$21.5M · 0.43%
Fca, LLC IL$21.3M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362421303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.