Plan Ledger DOL Form 5500 · updated monthly

Atlantic Coast Athletic Club, Inc.401(k)

ATLANTIC COAST ATHLETIC CLUB 401(K) PLAN · LIBERTYVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Atlantic Coast Athletic Club, Inc. reported $47,070 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $251 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 0.41% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,743rd-largest of 3,702 plans among Illinois employers on file, and the 440th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $6.84 for every $1.00 the employer contributed; active participation has grown from 317 to 421 since 2022.

Plan summary
Net assets, end of year$18,856,923
Participants with balances240
Active participants421
Employer contributions$105,871
Employee contributions$723,854
Employer contribution per active participant$251
Average account balance$78,571
Benefits paid to participants$946,661
Plan auditUnmodified (clean) audit opinion
AuditorDOWELL GROUP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 240 accts · $106K emplr
2023$16.0M · 213 accts · $35K emplr
2022$13.0M · 231 accts · $22K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,681
Investment management$36,306
Total administrative$47,070
The Atlantic Coast Athletic Club, Inc. 401(k) match · 2024
Employer contribution per active participant$251
Median for plans this size$2,416
2024$251 per active participant
2023$98 per active participant
2022$70 per active participant

Atlantic Coast Athletic Club, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$7,681
CETERA ADVISOR NETWORKS · Investment advisory (plan)$36,306
DOWELL GROUP LLP$3,083

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$47,070 · 0.27%
2023$55,074 · 0.38%
2022$64,126 · 0.41%
Same employer
Similar plansArts, Entertainment & Recreation · Illinois
Mlk Consulting LLC IL$29.5M · 0.52%
United Center Joint Venture IL$24.2M · 0.14%
The Barack Obama Foundation IL$22.8M · 0.47%
East Bank Club Venture IL$20.7M · 0.02%
Intersport Inc IL$18.1M · 0.32%
University Club of Chicago IL$14.8M · 0.23%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 541478630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.