Plan Ledger DOL Form 5500 · updated monthly

Thybar CorporationESOP

THYBAR CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · ADDISON, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Thybar Corporation reported $3,242 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,960 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 0.00% to 0.01%. 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 974th-largest of 3,702 plans among Illinois employers on file, and the 3,326th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$46,350,101
Participants with balances151
Active participants122
Employer contributions$1,581,169
Employee contributions—
Employer contribution per active participant$12,960
Average account balance$306,954
Benefits paid to participants$1,549,974
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.4M · 151 accts · $1.6M emplr
2023$38.3M · 145 accts · $686K emplr
2022$26.8M · 134 accts · $1.2M emplr
Employer contributions to the Thybar Corporation plan · 2024
Employer contribution per active participant$12,960
Median for plans this size$2,416
2024$12,960 per active participant
2023$5,669 per active participant
2022$10,666 per active participant

Thybar Corporation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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.

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$3,242 · 0.01%
2023$6,247 · 0.02%
2022$526 · 0.00%
All plans at this employer2
THYBAR CORPORATION SALARY SAVINGS PLAN401(k)
THYBAR CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Illinois
Miniat Holdings LLC IL$47.5M · 0.18%
Bodine Electric Company IL$47.1M · 0.01%
Ventra Sandusky, LLC IL$46.9M · 0.22%
Red Bud Industries, Inc. IL$46.7M · 0.24%
Martin Engineering Company IL$45.5M · 0.22%
Tuthill Corporation IL$45.4M · 0.00%
Cope Plastics, Inc. IL$45.0M · 0.44%
Riverbend Industries Inc. IL$44.8M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362419790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.