Plan Ledger DOL Form 5500 · updated monthly

Boys & Girls Clubs of ChicagoMoney purchase plan

BOYS & GIRLS CLUBS OF CHICAGO 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Boys & Girls Clubs of Chicago reported $14,605 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,084 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 0.46% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Illinois (2,984th of 3,702), and 2,338th of 3,341 in other services. In 2024, the employer put in $1.98 for every $1.00 employees contributed themselves; active participation has grown from 335 to 396 since 2022.

Plan summary
Net assets, end of year$4,770,199
Participants with balances187
Active participants396
Employer contributions$429,312
Employee contributions$217,255
Employer contribution per active participant$1,084
Average account balance$25,509
Benefits paid to participants$604,617
Plan auditUnmodified (clean) audit opinion
AuditorSASSETTI LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 187 accts · $429K emplr
2023$4.2M · 171 accts · $350K emplr
2022$3.4M · 159 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,605
Total administrative$14,605
Employer contributions to the Boys & Girls Clubs of Chicago plan · 2024
Employer contribution per active participant$1,084
Median for plans this size$1,313
2024$1,084 per active participant
2023$885 per active participant
2022$869 per active participant

Boys & Girls Clubs of Chicago's 2024 employer contribution ran below the $1,313 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 · 20241
MILLIMAN, INC. · Recordkeeping · Participant communication$14,605

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$14,605 · 0.33%
2023$13,391 · 0.36%
2022$16,477 · 0.46%
Same employer
Similar plansOther Services · Illinois
Josiah Venture, Nfp IL$5.5M · 0.65%
Zano's Hair Design, Inc. IL$4.7M · 0.58%
Bbj Rentals, Inc. IL$4.4M · 0.85%
B.J. Salons, Inc. IL$4.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362166997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.