Plan Ledger DOL Form 5500 · updated monthly

USA Millwork, LLC.401(k)

USA MILLWORK 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
1.54%

USA Millwork, LLC. reported $161,993 in plan administrative expenses for 2022: 1.54% of average plan assets, higher than ~90% of peers. 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 among the smaller plans on file in Illinois (3,677th of 3,702), and 13,632nd of 13,661 in manufacturing. In 2022, employees put in $91.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,541
Participants with balances0
Active participants0
Employer contributions$5,808
Employee contributions$530,506
Employer contribution per active participant—
Average account balance—
Benefits paid to participants$18,413,926
Plan auditUnmodified (clean) audit opinion
AuditorDAMICO WAWRIN & COMPANY CPAS, L
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$161,993
Total administrative$161,993
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$161,993 · 1.54%
Similar plansManufacturing · Illinois
Pork King Packing, Inc. IL$160K · 3.69%
Magickwoods IL$106K · 4.42%
Luminii LLC IL$18K · 0.16%
The Marvel Group, Inc. IL$3K · 0.06%
Vee Pak, LLC IL$1 · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825125477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.