Plan Ledger DOL Form 5500 · updated monthly

Bill Doran LLC401(k)

BILL DORAN COMPANY EMPLOYEE SAVINGS AND RETIREMENT PLAN · ROCKFORD, IL · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Bill Doran LLC reported $64,976 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $95 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 0.54% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,318th of 3,702), and 2,811th of 4,246 in wholesale trade. In 2024, employees put in $16.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,795,869
Participants with balances369
Active participants493
Employer contributions$46,963
Employee contributions$776,831
Employer contribution per active participant$95
Average account balance$29,257
Benefits paid to participants$922,502
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 369 accts · $47K emplr
2023$9.6M · 345 accts · $44K emplr
2022$8.0M · 360 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,421
Investment management$22,425
Total administrative$64,976
The Bill Doran LLC 401(k) match · 2024
Employer contribution per active participant$95
Median for plans this size$2,416
2024$95 per active participant
2023$89 per active participant
2022$79 per active participant

Bill Doran LLC'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 · 20242
JULY BUSINESS SERVICES LLC · Contract administrator · Recordkeeping$34,421
HTLF RETIREMENT PLAN SERVICES · Investment advisory (participants)$22,425

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

Recordkeeper by year2
2024July Business Services
2023DUBUQUE BANK AND TRUST COMPANY, July Business Services

This plan has changed recordkeepers within these filings. If you left Bill Doran LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,976 · 0.64%
2023$56,708 · 0.64%
2022$46,056 · 0.54%
Same employer
Similar plansWholesale Trade · Illinois
The Federated Group, Inc. IL$11.0M · 0.22%
Woolf Holdings, LLC IL$10.8M · 0.69%
Ls Building Products IL$10.8M · 0.79%
Premier Cooperative, Inc. IL$10.6M · 0.40%
Iw Technologies IL$10.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362086467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.