Plan Ledger DOL Form 5500 · updated monthly

Specialty Promotions, Inc.401(k)

SPECIALTY PROMOTIONS, INC. RETIREMENT PLAN · NILES, IL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Specialty Promotions, Inc. reported $65,285 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,434 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 0.27% to 0.34%. 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 1,682nd-largest of 3,702 plans among Illinois employers on file, and the 5,893rd of 13,661 in manufacturing. In 2024, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,218,880
Participants with balances364
Active participants307
Employer contributions$440,128
Employee contributions$951,699
Employer contribution per active participant$1,434
Average account balance$55,546
Benefits paid to participants$2,202,179
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 364 accts · $440K emplr
2023$18.5M · 327 accts · $425K emplr
2022$14.9M · 329 accts · $358K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,664
Investment management$47,621
Total administrative$65,285
The Specialty Promotions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,434
Median for plans this size$2,416
2024$1,434 per active participant
2023$1,470 per active participant
2022$1,239 per active participant

Specialty Promotions, 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 · 20242
CORRELL CO. · Recordkeeping$17,664
ROTHSCHILD CONSULTING GROUP · Investment management$47,621

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

Recordkeeper by year2
2024CORRELL CO.
2023CORRELL CO.

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

Administrative cost history3
2024$65,285 · 0.34%
2023$65,939 · 0.39%
2022$45,085 · 0.27%
Same employer
Similar plansManufacturing · Illinois
Lmt Onsrud LP IL$20.4M · 0.43%
V & V Supremo Foods, Inc. IL$20.3M · 0.10%
Tersera Therapeutics LLC IL$20.2M · 0.09%
Regis Technologies, Inc. IL$20.0M · 0.02%
Prince Industries LLC IL$19.8M · 0.33%
Seymour of Sycamore, Inc. IL$19.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752655558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.