Plan Ledger DOL Form 5500 · updated monthly

8TH Light Holdings, Inc.401(k)

8TH LIGHT 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

8TH Light Holdings, Inc. reported $34,822 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $6,199 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 0.44% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,198th of 3,702), and 7,300th of 11,654 in professional & technical services. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 114 to 93 since 2022.

Plan summary
Net assets, end of year$12,298,658
Participants with balances155
Active participants93
Employer contributions$576,493
Employee contributions$1,275,902
Employer contribution per active participant$6,199
Average account balance$79,346
Benefits paid to participants$1,817,237
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 155 accts · $576K emplr
2023$10.4M · 164 accts · $625K emplr
2022$7.3M · 158 accts · $549K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,061
Investment management$26,761
Total administrative$34,822
The 8TH Light Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$6,199
Median for plans this size$2,416
2024$6,199 per active participant
2023$5,893 per active participant
2022$4,812 per active participant

8TH Light Holdings, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$41,388
ALERA INVESTMENT ADVISORS, LLC · Investment advisory (plan)$26,761

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 8TH Light Holdings, 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$34,822 · 0.31%
2023$36,970 · 0.42%
2022$33,812 · 0.44%
Similar plansProfessional & Technical Services · Illinois
Walker Sands, LLC IL$13.0M · 0.32%
Schafer Condon Carter, Inc. IL$12.8M · 0.31%
Curion, LLC IL$12.6M · 0.76%
Cgn and Associates, Inc. IL$12.5M · 0.03%
Tiz, Inc IL$12.1M · 0.20%
Datassential, Inc. IL$12.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205467411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.