Plan Ledger DOL Form 5500 · updated monthly

Vonachen Group, Inc.401(k)

VONACHEN GROUP, INC. 401(K) PLAN · PEORIA, IL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Vonachen Group, Inc. reported $12,136 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $158 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 0.12% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (2,524th of 3,702), and the 1,099th of 2,534 in administrative & support services. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 1,109 to 2,592 since 2022.

Plan summary
Net assets, end of year$8,586,416
Participants with balances244
Active participants2,592
Employer contributions$410,043
Employee contributions$762,924
Employer contribution per active participant$158
Average account balance$35,190
Benefits paid to participants$555,263
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 244 accts · $410K emplr
2023$7.0M · 263 accts · $375K emplr
2022$6.3M · 217 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,136
Total administrative$12,136
The Vonachen Group, Inc. 401(k) match · 2024
Employer contribution per active participant$158
Median for plans this size$1,313
2024$158 per active participant
2023$161 per active participant
2022$135 per active participant

Vonachen Group, 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 · 20243
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$12,136
CHARLES SCHWAB TRUST BANK · Custodialindirect comp
CHARLES SCHWAB & CO. INC. · Custodialindirect comp

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$12,136 · 0.16%
2023$5,489 · 0.08%
2022$8,165 · 0.12%
Same employer
Similar plansAdministrative & Support Services · Illinois
Staffing Plus, Inc IL$9.1M · 0.75%
Swoon Group, LLC IL$8.8M · 0.46%
Gdi Services Inc. IL$7.8M · 0.88%
A.S.G Staffing, Inc. IL$7.8M · 0.36%
McNelly Services, Inc. IL$7.7M · 1.10%
Homer Management LLC IL$7.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823661800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.