Plan Ledger DOL Form 5500 · updated monthly

The Clarke Group, Inc.401(k)

THE CLARKE GROUP, INC. CASH OR DEFERRED PROFIT SHARING PLAN · ST. CHARLES, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

The Clarke Group, Inc. reported $30,674 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,949 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 0.08% to 0.09%. 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 1,182nd-largest of 3,702 plans among Illinois employers on file, and the 4,005th of 13,661 in manufacturing. In 2024, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,353,419
Participants with balances189
Active participants157
Employer contributions$463,012
Employee contributions$1,512,071
Employer contribution per active participant$2,949
Average account balance$187,055
Benefits paid to participants$3,776,638
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 189 accts · $463K emplr
2023$32.8M · 195 accts · $449K emplr
2022$30.4M · 220 accts · $805K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$700
Investment management$4,705
Audit (IQPA)$15,800
Total administrative$30,674
The The Clarke Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,949
Median for plans this size$2,416
2024$2,949 per active participant
2023$2,861 per active participant
2022$4,970 per active participant

The Clarke Group, Inc.'s 2024 employer contribution ran above 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 · 20243
CROWE LLP · Accounting / audit$15,800
DEFINITI$4,705

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$30,674 · 0.09%
2023$24,127 · 0.08%
2022$25,767 · 0.08%
Similar plansManufacturing · Illinois
Dynomax, Inc. IL$36.9M · 0.00%
Weiler Engineering, Inc. IL$36.1M · 0.12%
Charms LLC IL$35.6M · 0.05%
Haumiller Engineering IL$35.3M · 0.01%
Inventus Power IL$35.3M · 0.10%
Dynamic Manufacturing, Inc. IL$34.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800315705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.