Plan Ledger DOL Form 5500 · updated monthly

American Lung Association401(k)

AMERICAN LUNG ASSOCIATION 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

American Lung Association reported $89,064 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $6,940 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 0.16% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 922nd-largest of 3,702 plans among Illinois employers on file, and the 427th of 3,341 in other services. In 2024, employees put in $1.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,818,896
Participants with balances604
Active participants454
Employer contributions$3,150,935
Employee contributions$3,511,313
Employer contribution per active participant$6,940
Average account balance$82,482
Benefits paid to participants$5,860,803
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.8M · 604 accts · $3.2M emplr
2023$42.7M · 606 accts · $3.1M emplr
2022$32.4M · 587 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,070
Investment management$5,994
Total administrative$89,064
The American Lung Association 401(k) match · 2024
Employer contribution per active participant$6,940
Median for plans this size$2,416
2024$6,940 per active participant
2023$6,896 per active participant
2022$5,888 per active participant

American Lung Association's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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$83,070
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,994

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$89,064 · 0.19%
2023$45,714 · 0.12%
2022$45,963 · 0.16%
Same employer
Similar plansOther Services · Illinois
Planet Equity Group, LLC IL$53.3M · 0.49%
Syndigo LLC IL$49.6M · 0.38%
Hydro, Inc. IL$49.0M · 0.34%
The Morton Arboretum IL$43.3M · 0.14%
Alliance for Audited Media IL$43.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131632524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.