Plan Ledger DOL Form 5500 · updated monthly

Streator Industrial Handling, Inc.401(k)

PMW HOLDINGS, INC. 401(K) RETIREMENT PLAN · STREATOR, IL · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Streator Industrial Handling, Inc. reported $38,240 in plan administrative expenses for 2023: 0.33% of average plan assets, above the peer median. Employer contributions averaged $2,202 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 1 year on file its reported administrative ratio rose from 0.31% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,176th of 3,702), and 7,886th of 13,661 in manufacturing. In 2023, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,468,717
Participants with balances124
Active participants133
Employer contributions$292,907
Employee contributions$550,247
Employer contribution per active participant$2,202
Average account balance$100,554
Benefits paid to participants$612,127
Plan auditUnmodified (clean) audit opinion
AuditorSELDON FOX & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2023$12.5M · 124 accts · $293K emplr
2022$10.8M · 115 accts · $286K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,442
Investment management$16,798
Total administrative$38,240
The Streator Industrial Handling, Inc. 401(k) match · 2023
Employer contribution per active participant$2,202
Median for plans this size$2,440
2023$2,202 per active participant
2022$2,555 per active participant

Streator Industrial Handling, Inc.'s 2023 employer contribution ran below the $2,440 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
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$21,442
ABG RETIREMENT PLAN SERVICES · Investment advisory (plan)$16,798

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

Administrative cost history2
2023$38,240 · 0.33%
2022$36,189 · 0.31%
Similar plansManufacturing · Illinois
Litania Sports Group, Inc. IL$12.6M · 0.33%
Johnson & Quin, Inc. IL$12.4M · 0.50%
Bourn & Koch Inc. IL$12.4M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363757582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.