Plan Ledger DOL Form 5500 · updated monthly

Abundant Venture Partners Holding, LLC401(k)

ABUNDANT VENTURE PARTNERS 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Abundant Venture Partners Holding, LLC reported $28,524 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,801 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 0.29% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Illinois (2,260th of 3,702), and 3,833rd of 4,798 in finance & insurance. In 2024, employees put in $4.36 for every $1.00 the employer contributed; active participation has shrunk from 151 to 120 since 2022.

Plan summary
Net assets, end of year$11,568,953
Participants with balances200
Active participants120
Employer contributions$336,091
Employee contributions$1,466,888
Employer contribution per active participant$2,801
Average account balance$57,845
Benefits paid to participants$1,157,311
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 200 accts · $336K emplr
2023$9.3M · 196 accts · $123K emplr
2022$7.1M · 213 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,019
Investment management$2,505
Total administrative$28,524
The Abundant Venture Partners Holding, LLC 401(k) match · 2024
Employer contribution per active participant$2,801
Median for plans this size$2,416
2024$2,801 per active participant
2023$956 per active participant
2022$806 per active participant

Abundant Venture Partners Holding, LLC's 2024 employer contribution ran above the $2,416 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 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$26,019

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$28,524 · 0.27%
2023$22,047 · 0.27%
2022$21,474 · 0.29%
Same employer
Similar plansFinance & Insurance · Illinois
Maestro Health, Inc. IL$11.8M · 0.15%
Wacker Services Corp. IL$11.4M · 0.06%
Fortress Bank IL$11.1M · 0.02%
Orion Bancorporation, Inc. IL$10.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352413339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.