Plan Ledger DOL Form 5500 · updated monthly

The Maschhoffs401(k)

THE MASCHHOFFS 401(K) PLAN · CARLYLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

The Maschhoffs reported $61,466 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,316 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 3 years on file its reported administrative ratio has held roughly steady near 0.144%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 982nd-largest of 3,702 plans among Illinois employers on file, and the 105th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,598,943
Participants with balances486
Active participants833
Employer contributions$1,096,133
Employee contributions$2,032,624
Employer contribution per active participant$1,316
Average account balance$93,825
Benefits paid to participants$2,837,794
Plan auditUnmodified (clean) audit opinion
AuditorFROST PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$45.6M · 486 accts · $1.1M emplr
2023$39.8M · 499 accts · $1.1M emplr
2022$34.1M · 531 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,466
Total administrative$61,466
The The Maschhoffs 401(k) match · 2024
Employer contribution per active participant$1,316
Median for plans this size$2,416
2024$1,316 per active participant
2023$1,440 per active participant
2022$1,425 per active participant

The Maschhoffs'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$61,466

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$61,466 · 0.14%
2023$52,505 · 0.14%
2022$53,555 · 0.14%
Same employer
Similar plansAgriculture, Forestry & Fishing · Illinois
Growmark, Inc. IL$474.9M · 0.19%
Koch Foods, Inc. IL$101.5M · 0.25%
Team Brandt, LLC IL$88.0M · 0.03%
Pharmacann Inc IL$18.5M · 2.18%
United Prairie, LLC IL$16.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202182979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.