Plan Ledger DOL Form 5500 · updated monthly

Venus Laboratories, Inc.401(k)

EARTH FRIENDLY PRODUCTS 401(K) PLAN · ADDISON, IL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Venus Laboratories, Inc. reported $35,056 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $393 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 0.34% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,679th of 3,702), and 9,945th of 13,661 in manufacturing. In 2024, employees put in $9.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,406,272
Participants with balances252
Active participants225
Employer contributions$88,351
Employee contributions$879,388
Employer contribution per active participant$393
Average account balance$29,390
Benefits paid to participants$741,914
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 252 accts · $88K emplr
2023$6.4M · 253 accts · $79K emplr
2022$5.0M · 270 accts · $2K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,489
Investment management$15,567
Total administrative$35,056
The Venus Laboratories, Inc. 401(k) match · 2024
Employer contribution per active participant$393
Median for plans this size$1,313
2024$393 per active participant
2023$379 per active participant
2022$9 per active participant

Venus Laboratories, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

Service providers · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$19,489

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Venus Laboratories, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$35,056 · 0.51%
2023$30,316 · 0.53%
2022$18,538 · 0.34%
Same employer
Similar plansManufacturing · Illinois
Steel Grip, Inc. IL$7.6M · 0.58%
Regal Cutting Tools, Inc. IL$7.5M · 0.48%
Silva International Inc IL$7.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362605811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.