Plan Ledger DOL Form 5500 · updated monthly

American Library Association403(b)

AMERICAN LIBRARY ASSOCIATION RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

American Library Association reported $73,323 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $4,906 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 0.00% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 605th-largest of 3,702 plans among Illinois employers on file, and the 218th of 3,341 in other services. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$92,020,953
Participants with balances577
Active participants193
Employer contributions$946,919
Employee contributions$1,261,637
Employer contribution per active participant$4,906
Average account balance$159,482
Benefits paid to participants$4,438,950
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.0M · 577 accts · $947K emplr
2023$84.3M · 585 accts · $901K emplr
2022$76.9M · 601 accts · $932K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,779
Investment management$63,544
Total administrative$73,323
Employer contributions to the American Library Association plan · 2024
Employer contribution per active participant$4,906
Median for plans this size$3,635
2024$4,906 per active participant
2023$4,355 per active participant
2022$4,982 per active participant

American Library Association's 2024 employer contribution ran above the $3,635 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 · 20242
TIAA · Recordkeeping · Pension consulting$11,264
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$62,059

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,323 · 0.08%
2023$61,384 · 0.08%
2022$2,424 · 0.00%
Same employer
Similar plansOther Services · Illinois
Comptia IL$84.9M

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362166947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.