Plan Ledger DOL Form 5500 · updated monthly

Apics Inc.401(k)

APICS INC. 401K PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Apics Inc. reported $37,184 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $5,975 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 0.19% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,845th-largest of 3,702 plans among Illinois employers on file, and 1,701st of 3,091 in educational services. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,302,598
Participants with balances119
Active participants98
Employer contributions$585,531
Employee contributions$980,863
Employer contribution per active participant$5,975
Average account balance$145,400
Benefits paid to participants$3,687,703
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE & MORAN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 119 accts · $586K emplr
2023$16.9M · 124 accts · $552K emplr
2022$13.6M · 117 accts · $548K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$716
Investment management$36,468
Total administrative$37,184
The Apics Inc. 401(k) match · 2024
Employer contribution per active participant$5,975
Median for plans this size$2,416
2024$5,975 per active participant
2023$5,022 per active participant
2022$5,480 per active participant

Apics Inc.'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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$866
CAMBRIDGE INV RSRCH ADVSRS · Investment advisory (participants) · Investment advisory (plan)$36,468

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$37,184 · 0.22%
2023$31,881 · 0.21%
2022$26,431 · 0.19%
Same employer
Similar plansEducational Services · Illinois
Onegoal IL$18.1M · 0.42%
Judson University IL$17.7M · 0.15%
Blackburn University IL$17.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366066976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.