Plan Ledger DOL Form 5500 · updated monthly

Business Talent Group LLC401(k)

BUSINESS TALENT GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
1.22%

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

Business Talent Group LLC reported $41,798 in plan administrative expenses for 2022: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $585 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 1 year on file its reported administrative ratio rose from 1.22% to 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,171st of 3,702), and 10,381st of 11,654 in professional & technical services. In 2022, employees put in $12.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,428,526
Participants with balances129
Active participants160
Employer contributions$93,524
Employee contributions$1,131,897
Employer contribution per active participant$585
Average account balance$26,578
Benefits paid to participants$469,447
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.1M · 89 accts · $116K emplr
2022$3.4M · 129 accts · $94K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,013
Investment management$32,785
Total administrative$41,798
The Business Talent Group LLC 401(k) match · 2022
Employer contribution per active participant$585
Median for plans this size$1,114
2023$2,838 per active participant
2022$585 per active participant

Business Talent Group LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$43,866 · 1.34%
2022$41,798 · 1.22%
Similar plansProfessional & Technical Services · Illinois
Calmark Group, LLC IL$3.7M · 0.27%
Casters Holdings, LLC IL$3.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270132770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.