Plan Ledger DOL Form 5500 · updated monthly

Blitt and Gaines, P.C.401(k)

BLITT & GAINES, P.C. PROFIT SHARING PLAN AND TRUST · VERNON HILLS, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Blitt and Gaines, P.C. reported $45,511 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,882 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 0.37% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,031st of 3,702), and 6,689th of 11,654 in professional & technical services. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 202 to 245 since 2022.

Plan summary
Net assets, end of year$14,541,549
Participants with balances261
Active participants245
Employer contributions$706,019
Employee contributions$861,987
Employer contribution per active participant$2,882
Average account balance$55,715
Benefits paid to participants$250,565
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 261 accts · $706K emplr
2023$11.7M · 261 accts · $668K emplr
2022$8.8M · 240 accts · $627K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,320
Investment management$38,191
Total administrative$45,511
The Blitt and Gaines, P.C. 401(k) match · 2024
Employer contribution per active participant$2,882
Median for plans this size$2,416
2024$2,882 per active participant
2023$2,996 per active participant
2022$3,104 per active participant

Blitt and Gaines, P.C.'s 2024 employer contribution ran above 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
ALLIANCE PENSION CONSULTANTS, LLC · Recordkeeping$7,320
NADLER FINANCIAL GROUP, LLC · Investment advisory (plan)$38,190

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULTANTS, LLC
2023ALLIANCE PENSION CONSULTANTS, LLC

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

Administrative cost history3
2024$45,511 · 0.35%
2023$38,519 · 0.38%
2022$33,087 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Illinois
Shoprunner, Inc. IL$14.9M · 0.15%
Dscout, Inc. IL$14.8M · 0.23%
Phigenics Management, Inc IL$14.7M · 0.10%
Fourkites, Inc. IL$14.5M · 0.26%
Civis Analytics, Inc. IL$14.5M · 0.47%
Uptake Technologies, Inc. IL$14.5M · 0.49%
Elevate Energy IL$14.4M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363871864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.