Plan Ledger DOL Form 5500 · updated monthly

Abelson-Taylor, Inc.401(k)

ABELSON-TAYLOR, INC. PROFIT SHARING PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Abelson-Taylor, Inc. reported $112,843 in plan administrative expenses for 2023: 0.17% of average plan assets, above the peer median. Employer contributions averaged $2,964 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 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 698th-largest of 3,702 plans among Illinois employers on file, and the 1,964th of 11,654 in professional & technical services. In 2023, employees put in $3.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$73,843,842
Participants with balances480
Active participants290
Employer contributions$859,513
Employee contributions$3,168,570
Employer contribution per active participant$2,964
Average account balance$153,841
Benefits paid to participants$4,519,652
Plan auditUnmodified (clean) audit opinion
AuditorKRD, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$70.1M · 434 accts · $649K emplr
2023$73.8M · 480 accts · $860K emplr
2022$62.0M · 484 accts · $822K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,843
Investment management$70,000
Total administrative$112,843
The Abelson-Taylor, Inc. 401(k) match · 2023
Employer contribution per active participant$2,964
Median for plans this size$3,659
2024$3,195 per active participant
2023$2,964 per active participant
2022$2,854 per active participant

Abelson-Taylor, Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
WINTRUST INVESTMENTS LLC · Investment advisory (plan)$70,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$42,843

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$121,961 · 0.17%
2023$112,843 · 0.17%
2022$120,292 · 0.18%
Same employer
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Kerber, Eck & Braeckel LLP IL$74.5M · 0.08%
Ricondo & Associates, Inc. IL$74.1M · 0.17%
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Warady & Davis, LLP IL$73.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363108622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.