Plan Ledger DOL Form 5500 · updated monthly

Arthur J. Gallagher (Illinios), LLC.401(k)

ARTHUR J. GALLAGHER & CO. EMPLOYEES SAVINGS AND THRIFT PLAN · ROLLING MEADOWS, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Arthur J. Gallagher (Illinios), LLC. reported $884,939 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,409 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 fell from 0.04% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 21st-largest of 3,702 plans among Illinois employers on file, and the 53rd of 4,798 in finance & insurance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 20,416 to 23,895 since 2022.

Plan summary
Net assets, end of year$3,898,012,907
Participants with balances27,808
Active participants23,895
Employer contributions$105,353,571
Employee contributions$200,139,998
Employer contribution per active participant$4,409
Average account balance$140,176
Benefits paid to participants$341,900,897
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.9B · 27,808 accts · $105.4M emplr
2023$3.2B · 25,736 accts · $86.0M emplr
2022$2.8B · 21,450 accts · $73.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$573,936
Investment management$243,172
Audit (IQPA)$57,013
Total administrative$884,939
The Arthur J. Gallagher (Illinios), LLC. 401(k) match · 2024
Employer contribution per active participant$4,409
Median for plans this size$5,259
2024$4,409 per active participant
2023$3,701 per active participant
2022$3,616 per active participant

Arthur J. Gallagher (Illinios), LLC.'s 2024 employer contribution ran below the $5,259 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants) · Participant communication$243,172
FGMK, LLC · Accounting / audit$57,013
DELOITTE TAX LLP · Accounting / audit$7,128

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$884,939 · 0.02%
2023$652,984 · 0.02%
2022$1,242,930 · 0.04%
Same employer
Similar plansFinance & Insurance · Illinois
Bmo Financial Corp. IL$5.0B · 0.02%
Aon Consulting, Inc. IL$3.1B · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362481781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.