Plan Ledger DOL Form 5500 · updated monthly

Standfast Group, LLC401(k)

STANDFAST GROUP, LLC 401(K) PROFIT SHARING PLAN · CAROL STREAM, IL · plan year 2023

Reported admin expense ratio · 2023
0.96%

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

Standfast Group, LLC reported $52,495 in plan administrative expenses for 2023: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,001 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 has held roughly steady near 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,821st of 3,702), and 10,610th of 13,661 in manufacturing. In 2023, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 157 to 195 since 2022.

Plan summary
Net assets, end of year$6,136,957
Participants with balances231
Active participants195
Employer contributions$390,219
Employee contributions$658,844
Employer contribution per active participant$2,001
Average account balance$26,567
Benefits paid to participants$536,900
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $535K emplr
2023$6.1M · 231 accts · $390K emplr
2022$4.8M · 206 accts · $425K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,078
Investment management$26,417
Total administrative$52,495
The Standfast Group, LLC 401(k) match · 2023
Employer contribution per active participant$2,001
Median for plans this size$1,308
2023$2,001 per active participant
2022$2,707 per active participant

Standfast Group, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$26,417

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$52,495 · 0.96%
2022$42,752 · 0.93%
Similar plansManufacturing · Illinois
The Intec Group, Inc. IL$6.4M · 0.34%
Fpm, L.L.C. IL$6.3M · 0.36%
Lw Schneider, Inc. IL$6.2M · 0.78%
Gc Packaging, LLC IL$6.1M · 0.11%
Orion Industries, LTD. IL$6.0M · 0.52%
Pepsi Midamerica IL$5.9M · 0.15%
Headly Manufacturing Co. IL$5.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362589499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.