Plan Ledger DOL Form 5500 · updated monthly

Access One Inc.401(k)

ACCESS ONE INC. 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Access One Inc. reported $45,461 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,839 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 rose from 0.49% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Illinois (2,492nd of 3,702), and 1,578th of 2,199 in information & media. In 2024, employees put in $4.17 for every $1.00 the employer contributed; active participation has grown from 86 to 112 since 2022.

Plan summary
Net assets, end of year$8,876,368
Participants with balances154
Active participants112
Employer contributions$205,939
Employee contributions$859,132
Employer contribution per active participant$1,839
Average account balance$57,639
Benefits paid to participants$1,367,272
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, P. C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 154 accts · $206K emplr
2023$7.9M · 158 accts · $194K emplr
2022$7.1M · 147 accts · $166K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,461
Total administrative$45,461
The Access One Inc. 401(k) match · 2024
Employer contribution per active participant$1,839
Median for plans this size$1,313
2024$1,839 per active participant
2023$1,851 per active participant
2022$1,929 per active participant

Access One Inc.'s 2024 employer contribution ran above the $1,313 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$45,460
MMA SECURITIES LLC · Investment advisory (plan)indirect comp
CERITY PARTNERS RETIREMENT PLAN ADV · Investment advisory (plan)indirect comp

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$45,461 · 0.54%
2023$40,767 · 0.54%
2022$37,898 · 0.49%
Same employer
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Pavlov Media, Inc. IL$9.1M · 0.06%
I3 Broadband, LLC IL$8.3M · 0.18%
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The Mom Project Inc IL$7.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363894321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.