Plan Ledger DOL Form 5500 · updated monthly

Walker Manufacturing Group, LLC401(k)

WALKER MANUFACTURING GROUP, LLC 401(K) PROFIT SHARING PLAN · ITASCA, IL · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Walker Manufacturing Group, LLC reported $42,345 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $620 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 0.601%. 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 (2,673rd of 3,702), and 9,910th of 13,661 in manufacturing. In 2024, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,491,870
Participants with balances118
Active participants166
Employer contributions$102,886
Employee contributions$389,215
Employer contribution per active participant$620
Average account balance$63,490
Benefits paid to participants$599,658
Plan auditUnmodified (clean) audit opinion
AuditorPBG FINANCIAL SERVICES PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 118 accts · $103K emplr
2023$6.6M · 131 accts · $121K emplr
2022$6.0M · 140 accts · $121K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,173
Investment management$24,172
Total administrative$42,345
The Walker Manufacturing Group, LLC 401(k) match · 2024
Employer contribution per active participant$620
Median for plans this size$1,313
2024$620 per active participant
2023$728 per active participant
2022$679 per active participant

Walker Manufacturing Group, LLC'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 · 20242
FOREST CAPITAL MANAGEMENT, LLC · Recordkeeping · Trustee$24,172
ADP, INC. · Loan processing · Recordkeeping$18,172

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

Recordkeeper by year2
2024ADP, FOREST CAPITAL MANAGEMENT, LLC
2023ADP, FOREST CAPITAL MANAGEMENT, LLC

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

Administrative cost history3
2024$42,345 · 0.60%
2023$38,078 · 0.60%
2022$40,360 · 0.60%
Same employer
Similar plansManufacturing · Illinois
Tone Products, Inc. IL$7.6M · 0.41%
P.S. Greetings, Inc. IL$7.6M · 0.26%
Steel Grip, Inc. IL$7.6M · 0.58%
Regal Cutting Tools, Inc. IL$7.5M · 0.48%
Venus Laboratories, Inc. IL$7.4M · 0.51%
Silva International Inc IL$7.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881878754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.