Plan Ledger DOL Form 5500 · updated monthly

The Partner Companies LLC401(k)

THE PARTNER COMPANIES MEP · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

The Partner Companies LLC reported $124,685 in plan administrative expenses for 2022: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,858 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,789th-largest of 3,702 plans among Illinois employers on file, and the 6,306th of 13,661 in manufacturing. In 2022, employees put in $2.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,130,994
Participants with balances359
Active participants408
Employer contributions$757,924
Employee contributions$1,963,350
Employer contribution per active participant$1,858
Average account balance$50,504
Benefits paid to participants$3,849,570
Plan auditUnmodified (clean) audit opinion
AuditorJMM CPA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$124,685
Total administrative$124,685
The The Partner Companies LLC 401(k) match · 2022
Employer contribution per active participant$1,858
Median for plans this size$2,266

The Partner Companies LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$124,685 · 0.71%
Similar plansManufacturing · Illinois
Miracapo Pizza Company LLC IL$18.6M · 0.07%
Taubensee Steel & Wire IL$18.5M · 0.22%
Multitech Industries, LLC IL$18.2M · 0.26%
Potomac Corporation IL$18.0M · 0.31%
The Republic of Tea, Inc. IL$17.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371965450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.