Plan Ledger DOL Form 5500 · updated monthly

Barack Ferrazzano Kirschbaum & Nagelberg LLP401(k)

BFKN PERSONAL RETIREMENT PLAN A · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Barack Ferrazzano Kirschbaum & Nagelberg LLP reported $112,281 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,867 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 0.14% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 511th-largest of 3,702 plans among Illinois employers on file, and the 1,346th of 11,654 in professional & technical services. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$112,879,416
Participants with balances141
Active participants119
Employer contributions$817,125
Employee contributions$1,889,122
Employer contribution per active participant$6,867
Average account balance$800,563
Benefits paid to participants$4,007,503
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$112.9M · 141 accts · $817K emplr
2023$94.8M · 139 accts · $889K emplr
2022$76.4M · 130 accts · $707K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,758
Total administrative$112,281
The Barack Ferrazzano Kirschbaum & Nagelberg LLP 401(k) match · 2024
Employer contribution per active participant$6,867
Median for plans this size$3,635
2024$6,867 per active participant
2023$7,411 per active participant
2022$6,204 per active participant

Barack Ferrazzano Kirschbaum & Nagelberg LLP's 2024 employer contribution ran above the $3,635 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 · 20244
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$74,243
PEB CAPITAL MANAGEMENT LLC · Investment advisory (participants)$17,509
MERRILL LYNCH · Custodial (securities) · Investment advisory (participants)$9,354
THE COLONY GGROUP LLC · Investment advisory (participants)$6,401

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$112,281 · 0.11%
2023$129,595 · 0.15%
2022$115,530 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Illinois
Halo Branded Solutions, Inc. IL$131.4M · 0.21%
Simmons Hanly Conroy LLP IL$126.9M · 0.06%
Axiom Global Inc. IL$114.4M · 0.24%
Sprout Social, Inc. IL$113.5M · 0.15%
Johnson & Bell, LTD. IL$109.9M · 0.15%
Iit Research Institute IL$107.6M · 0.01%
Farnsworth Group, Inc. IL$104.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363330098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.