Plan Ledger DOL Form 5500 · updated monthly

Weber-Stephen Products LLC401(k)

THE WEBER-STEPHEN PRODUCTS LLC 401(K) INCENTIVE SAVINGS PLAN · PALATINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Weber-Stephen Products LLC reported $27,078 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,902 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 fell from 0.06% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 491st-largest of 3,702 plans among Illinois employers on file, and the 1,668th of 13,661 in manufacturing. In 2024, employees put in $3.55 for every $1.00 the employer contributed; active participation has shrunk from 1,367 to 1,127 since 2022.

Plan summary
Net assets, end of year$119,239,811
Participants with balances1,388
Active participants1,127
Employer contributions$2,144,040
Employee contributions$7,618,498
Employer contribution per active participant$1,902
Average account balance$85,908
Benefits paid to participants$12,761,125
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$119.2M · 1,388 accts · $2.1M emplr
2023$105.0M · 1,443 accts · $2.2M emplr
2022$89.8M · 1,578 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,078
Total administrative$27,078
The Weber-Stephen Products LLC 401(k) match · 2024
Employer contribution per active participant$1,902
Median for plans this size$3,635
2024$1,902 per active participant
2023$1,853 per active participant
2022$1,898 per active participant

Weber-Stephen Products LLC's 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,078

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$27,078 · 0.02%
2023$47,268 · 0.05%
2022$60,066 · 0.06%
Same employer
Similar plansManufacturing · Illinois
Upm-Kymmene, Inc. IL$128.6M · 0.02%
Carl Buddig and Company IL$123.5M · 0.12%
Etnyre International, LTD. IL$122.0M · 0.18%
Lanco International, Inc. IL$117.1M · 0.03%
Osi Industries, LLC IL$114.1M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 274002685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.