Plan Ledger DOL Form 5500 · updated monthly

Tootsie Roll Industries, LLC401(k)

TOOTSIE ROLL INDUSTRIES LLC PROFIT SHARING PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Tootsie Roll Industries, LLC reported $42,588 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,598 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 0.01% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 619th-largest of 3,702 plans among Illinois employers on file, and the 2,084th of 13,661 in manufacturing. In 2024, employees put in $4.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$88,217,814
Participants with balances327
Active participants217
Employer contributions$563,826
Employee contributions$2,750,129
Employer contribution per active participant$2,598
Average account balance$269,779
Benefits paid to participants$5,924,303
Plan auditUnmodified (clean) audit opinion
AuditorSASSETTI LLC
Plan history3
Yearassets · accounts · employer contribution
2024$88.2M · 327 accts · $564K emplr
2023$78.7M · 322 accts · $518K emplr
2022$68.4M · 322 accts · $514K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,054
Investment management$9,284
Total administrative$42,588
The Tootsie Roll Industries, LLC 401(k) match · 2024
Employer contribution per active participant$2,598
Median for plans this size$3,635
2024$2,598 per active participant
2023$2,434 per active participant
2022$2,391 per active participant

Tootsie Roll Industries, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$8,957

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$42,588 · 0.05%
2023$6,986 · 0.01%
2022$5,688 · 0.01%
All plans at this employer3
TOOTSIE ROLL INDUSTRIES, LLC EMPLOYEES PENSION PLANMoney purchase plan
TOOTSIE ROLL INDUSTRIES LLC PROFIT SHARING PLAN401(k)
TOOTSIE ROLL INDUSTRIES, LLC 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Illinois
Voyant Beauty, LLC IL$95.4M · 0.26%
Datex-Ohmeda, Inc. IL$92.1M · 0.07%
Fuchs Lubricants Co. IL$91.8M · 0.02%
SG360 IL$88.9M · 0.21%
Scholle Corporation IL$87.2M · 0.44%
C.E. Niehoff & Co. IL$82.7M · 0.22%
Drl Enterprises, Inc. IL$82.2M · 0.01%
Siemer Milling Company IL$80.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221318955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.