Plan Ledger DOL Form 5500 · updated monthly

Union Partners I LLC401(k)

UNION PARTNERS I LLC 401(K) SAVINGS PLAN · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Union Partners I LLC reported $141,066 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,741 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 0.29% to 0.33%. 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 1,037th-largest of 3,702 plans among Illinois employers on file, and the 3,529th of 13,661 in manufacturing. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has shrunk from 764 to 513 since 2022.

Plan summary
Net assets, end of year$42,520,350
Participants with balances473
Active participants513
Employer contributions$893,001
Employee contributions$2,875,862
Employer contribution per active participant$1,741
Average account balance$89,895
Benefits paid to participants$9,504,256
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$42.5M · 473 accts · $893K emplr
2023$41.7M · 789 accts · $1.2M emplr
2022$29.9M · 687 accts · $798K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,774
Investment management$59,292
Total administrative$141,066
The Union Partners I LLC 401(k) match · 2024
Employer contribution per active participant$1,741
Median for plans this size$2,416
2024$1,741 per active participant
2023$1,221 per active participant
2022$1,044 per active participant

Union Partners I LLC'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 · 20242
JPMORGAN INVEST HOLDINGS LLC$87,871
FOREST CAPITAL MANAGEMENT LLC · Investment advisory (plan)$59,292

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$141,066 · 0.33%
2023$121,794 · 0.34%
2022$86,546 · 0.29%
Same employer
Similar plansManufacturing · Illinois
Jel Sert Company IL$43.4M · 0.19%
Phoenix Closures, Inc. IL$43.3M · 0.20%
Westell Technologies, Inc. IL$42.9M · 0.20%
Th Foods, Inc. IL$42.3M · 0.01%
W.R. Meadows, Inc. IL$42.2M · 0.04%
Flender Corporation IL$42.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471574790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.