LINN-MATHES, INC. — LINN-MATHES, INC. CASH BALANCE PENSION PLAN & TRUST
CHICAGO, IL · EIN 36-3073419 · Plan #002 · Latest Form 5500-SF filed for 2025
Plan summary (2025 filing)
Administrative expenses are under 0.5% of plan assets — competitive with the best-priced plans of any size. Participants keep more of their returns. Based on the 2024 filing — the 2025 filing doesn’t include a fee disclosure yet.
Form 5500 filing history
LINN-MATHES, INC. has 3 Form 5500 filings for this plan in the 401kHunter database:
- 2025 plan year
- 2024 plan year
- 2023 plan year
Year-over-year asset, participant, and fee trends for every filing are available with a free account.
Plan features
Reported on Form 5500 line 8 (plan characteristic codes) in the 2025 filing:
- Pay-Related DB (1A)Benefits are primarily pay related.
- Flat-Dollar DB (1B)Benefits are primarily flat dollar (includes dollars per year of service).
- Cash Balance (1C)Cash balance or similar hybrid DB plan — defines benefits in DC-style account terms (e.g. hypothetical account balance) rather than as a life annuity.
- PBGC Terminated (1H)Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard/distress termination completed or a trustee was appointed under ERISA §4042).
- Frozen DB (1I)Frozen plan — as of the last day of the plan year, no participant will receive any new benefit accrual (whether based on service or compensation).
- Pre-Approved Plan (3D)Pre-approved pension plan — master, prototype, or volume submitter plan with a favorable IRS opinion or advisory letter.
See the full picture on LINN-MATHES, INC.’s plan.
Full Schedule H financials, Schedule C service-provider fees, year-over-year trends, peer benchmarks, and decision-maker contacts — create a free account and get 50 free credits.
What is Form 5500?
Form 5500 is the annual return that U.S. employee benefit plans must file with the Department of Labor under ERISA. Every 401(k), pension, profit-sharing, and most welfare benefit plans file one each year, disclosing the plan sponsor, administrator, total assets, participant counts, contributions, and expenses. Large plans (generally 100+ participants) file the full Form 5500 with detailed schedules; smaller plans file the condensed Form 5500-SF. LINN-MATHES, INC.’s most recent filing for this plan covers the 2025 plan year on Form 5500-SF.
Because Form 5500 filings are public record, anyone can review a plan’s financial health: how much it holds in assets, how many employees participate, what it pays in administrative expenses, and — for large plans via Schedule C — exactly which service providers were paid and how much. 401kHunter ingests the DOL’s complete bulk dataset so this information is searchable across more than one million plans.
How fee grades work
401kHunter’s fee grade is a simple A–D letter score computed from each plan’s own filing: total administrative expenses divided by total plan assets. Grade A means expenses are under 0.5% of assets, B is 0.5%–1.0%, C is 1.0%–1.5%, and D is anything above 1.5%. It’s a screening signal, not a verdict — small plans naturally pay more per dollar of assets than billion-dollar plans, and some filings roll investment costs into the administrative line.
Still, the ratio is the fastest public indicator of whether a plan’s participants are getting a fair deal. Industry studies put the average all-in cost of a mid-size plan near 0.5% of assets, with small plans averaging closer to 1.0%–1.3%. A plan consistently grading C or D across multiple filing years is paying above market, and its sponsor has both a fiduciary reason and negotiating leverage to seek better pricing.
This plan was terminated and its assets paid out to participants. Worked here? There’s a page written for you.
What happened to the money →