Plan Ledger DOL Form 5500 · updated monthly

United Chemi-Con, Inc.401(k)

UNITED CHEMI-CON, INC. 401(K) PLAN & TRUST · ROLLING MEADOWS, IL · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

United Chemi-Con, Inc. reported $42,297 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $3,153 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 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,602nd-largest of 3,702 plans among Illinois employers on file, and the 5,501st of 13,661 in manufacturing. In 2023, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,421,444
Participants with balances236
Active participants174
Employer contributions$548,667
Employee contributions$617,693
Employer contribution per active participant$3,153
Average account balance$95,006
Benefits paid to participants$1,685,528
Plan auditUnmodified (clean) audit opinion
AuditorCARLO VALEROSO CPA
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 224 accts · $512K emplr
2023$22.4M · 236 accts · $549K emplr
2022$19.7M · 234 accts · $549K emplr
Administrative expenses, itemized · 2023
Investment management$42,297
Total administrative$42,297
The United Chemi-Con, Inc. 401(k) match · 2023
Employer contribution per active participant$3,153
Median for plans this size$2,440
2024$3,243 per active participant
2023$3,153 per active participant
2022$2,919 per active participant

United Chemi-Con, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PROSPERA FINANCIAL SERVICES INC · Investment advisory (plan)$39,782
EMPOWER ADVISORY GROUP, LLC · Investment management$2,515

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$47,504 · 0.22%
2023$42,297 · 0.20%
2022$41,782 · 0.21%
Same employer
Similar plansManufacturing · Illinois
Keats Manufacturing Co. IL$22.8M · 0.26%
Titan International, Inc. IL$22.6M · 0.17%
Freightcar America, Inc. IL$22.5M · 0.20%
Andes Candies LP IL$21.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160973696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.