Plan Ledger DOL Form 5500 · updated monthly

Afni, Inc.401(k)

AFNI, INC. 401(K) PLAN · BLOOMINGTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Afni, Inc. reported $80,328 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $667 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 0.12% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 761st-largest of 3,702 plans among Illinois employers on file, and the 248th of 2,534 in administrative & support services. In 2024, employees put in $2.46 for every $1.00 the employer contributed; active participation has grown from 2,075 to 2,738 since 2022.

Plan summary
Net assets, end of year$64,010,745
Participants with balances2,460
Active participants2,738
Employer contributions$1,825,928
Employee contributions$4,493,119
Employer contribution per active participant$667
Average account balance$26,021
Benefits paid to participants$8,849,619
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.0M · 2,460 accts · $1.8M emplr
2023$58.2M · 2,510 accts · $1.9M emplr
2022$49.8M · 2,407 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,040
Investment management$11,288
Total administrative$80,328
The Afni, Inc. 401(k) match · 2024
Employer contribution per active participant$667
Median for plans this size$3,635
2024$667 per active participant
2023$939 per active participant
2022$838 per active participant

Afni, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$69,040
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,288

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$80,328 · 0.13%
2023$67,814 · 0.13%
2022$64,191 · 0.12%
Same employer
Similar plansAdministrative & Support Services · Illinois
Transworld Systems Inc. IL$101.4M · 0.36%
Mariani Enterprises LLC IL$71.1M · 0.31%
Entact, LLC IL$52.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371105130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.