Plan Ledger DOL Form 5500 · updated monthly

Article Student Living LLC401(k)

ARTICLE STUDENT LIVING 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Article Student Living LLC reported $101,425 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,602 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (1,852nd of 3,702), and the 760th of 2,096 in real estate & leasing. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,220,739
Participants with balances1,321
Active participants743
Employer contributions$1,190,153
Employee contributions$1,730,605
Employer contribution per active participant$1,602
Average account balance$13,036
Benefits paid to participants$1,933,555
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSONALLEN (CLA)
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,704
Investment management$19,221
Total administrative$101,425
The Article Student Living LLC 401(k) match · 2024
Employer contribution per active participant$1,602
Median for plans this size$2,416

Article Student Living LLC's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$78,704
NFP RETIREMENT INC · Investment advisory (plan) · Other services$22,721

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

Administrative cost history1
2024$101,425 · 0.59%
Same employer
Similar plansReal Estate & Leasing · Illinois
Resolute Industrial, LLC IL$17.7M · 0.40%
M & J Wilkow IL$17.3M · 0.43%
At World Properties, LLC IL$17.1M · 0.07%
Home State Bancorp, Inc. IL$15.9M · 0.21%
Sterling Bay, LLC IL$14.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 934269993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.