Plan Ledger DOL Form 5500 · updated monthly

Sloan Valve Company401(k)

SLOAN VALVE COMPANY SAVINGS AND INVESTMENT PLAN · FRANKLIN PARK, IL · plan year 2024

Employer contribution per participant · 2024
$3,169

Sloan Valve Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $99,811,878 across 1,024 participant accounts, with employer contributions averaging $3,169 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.15% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 575th-largest of 3,702 plans among Illinois employers on file, and the 1,917th of 13,661 in manufacturing. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,811,878
Participants with balances1,024
Active participants868
Employer contributions$2,750,644
Employee contributions$6,067,649
Employer contribution per active participant$3,169
Average account balance$97,473
Benefits paid to participants$8,130,950
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$99.8M · 1,024 accts · $2.8M emplr
2023$85.1M · 959 accts · $2.7M emplr
2022$71.4M · 1,012 accts · $2.6M emplr
The Sloan Valve Company 401(k) match · 2024
Employer contribution per active participant$3,169
Median for plans this size$3,635
2024$3,169 per active participant
2023$3,327 per active participant
2022$3,036 per active participant

Sloan Valve Company's 2024 employer contribution ran below the $3,635 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$64,595 · 0.08%
2022$113,988 · 0.15%
Same employer
Similar plansManufacturing · Illinois
Nufarm Americas Inc. IL$105.3M · 0.02%
Provisur Technologies, Inc. IL$102.8M · 0.01%
Smalley Steel Ring Co IL$100.1M · 0.10%
Hcc, Inc. IL$99.1M
Methode Electronics, Inc. IL$97.6M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 361787480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.