Plan Ledger DOL Form 5500 · updated monthly

Smithbucklin Corporation401(k) + ESOP (KSOP)

SMITHBUCKLIN EMPLOYEE RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Smithbucklin Corporation reported $459,776 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $5,074 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 0.13% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 283rd-largest of 3,702 plans among Illinois employers on file, and the 677th of 11,654 in professional & technical services. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$242,502,854
Participants with balances1,086
Active participants633
Employer contributions$3,211,882
Employee contributions$6,174,444
Employer contribution per active participant$5,074
Average account balance$223,299
Benefits paid to participants$35,905,178
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$242.5M · 1,086 accts · $3.2M emplr
2023$239.3M · 1,096 accts · $3.3M emplr
2022$202.9M · 1,079 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$303,050
Investment management$50,000
Audit (IQPA)$19,900
Trustee / custodial$43,260
Total administrative$459,776
The Smithbucklin Corporation 401(k) match · 2024
Employer contribution per active participant$5,074
Median for plans this size$3,635
2024$5,074 per active participant
2023$4,934 per active participant
2022$4,349 per active participant

Smithbucklin Corporation's 2024 employer contribution ran above 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.

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 · 20247
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$303,050
INVESTMENT CONSULTANTS · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
GREATBANC · Trusteeindirect comp
RSM US LLP · Accounting / auditindirect comp
TRAVELERS INSURANCE · Other servicesindirect comp
LEVENFELD PEARLSTEIN, LLC · Legalindirect 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
2024$459,776 · 0.19%
2023$283,564 · 0.13%
2022$265,072 · 0.13%
Same employer
Similar plansProfessional & Technical Services · Illinois
Tandem HR, LLC IL$287.2M · 0.18%
Sikich LLP IL$280.1M · 0.02%
Norc, Inc. IL$246.8M · 0.08%
Cars.com, LLC IL$241.1M · 0.07%
Exp U.S. Services, Inc. IL$230.7M · 0.18%
Applied Systems, Inc. IL$225.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412078828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.