Plan Ledger DOL Form 5500 · updated monthly

Burke, Warren, Mackay & Serritella, P.C.401(k)

BURKE, WARREN, MACKAY & SERRITELLA, P.C. PROFIT SHARING PLAN AND TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Burke, Warren, Mackay & Serritella, P.C. reported $23,072 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $18,436 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 3 years on file its reported administrative ratio has held roughly steady near 0.027%. 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 608th-largest of 3,702 plans among Illinois employers on file, and the 1,646th of 11,654 in professional & technical services. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,142,317
Participants with balances141
Active participants92
Employer contributions$1,696,104
Employee contributions$1,855,809
Employer contribution per active participant$18,436
Average account balance$646,399
Benefits paid to participants$4,908,295
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.1M · 141 accts · $1.7M emplr
2023$78.9M · 138 accts · $1.6M emplr
2022$66.6M · 130 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,692
Investment management$12,999
Trustee / custodial$2,022
Total administrative$23,072
The Burke, Warren, Mackay & Serritella, P.C. 401(k) match · 2024
Employer contribution per active participant$18,436
Median for plans this size$3,635
2024$18,436 per active participant
2023$17,577 per active participant
2022$17,258 per active participant

Burke, Warren, Mackay & Serritella, P.C.'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 · 20242
BOKF, NA · Custodial (securities) · Loan processing$10,628
WILLIAMS CAPITAL MANAGEMENT · Investment advisory (participants)$7,979

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

Administrative cost history3
2024$23,072 · 0.03%
2023$33,086 · 0.05%
2022$20,033 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Illinois
Witt/Kieffer Inc. IL$96.8M · 0.11%
Swanson, Martin & Bell, LLP IL$93.4M · 0.08%
Freeborn & Peters LLP IL$92.1M · 0.11%
Engineering Systems Inc. IL$90.0M · 0.09%
Baxter & Woodman, Inc. IL$89.2M · 0.07%
Cramer-Krasselt Co. IL$88.8M · 0.12%
United Generations, LLC IL$87.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363815082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.