Plan Ledger DOL Form 5500 · updated monthly

Carrollton Bank401(k)

CARROLLTON BANK EMPLOYEES 401(K) AND PROFIT SHARING PLAN · CARROLLTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Carrollton Bank reported $254,988 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $14,230 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 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 599th-largest of 3,702 plans among Illinois employers on file, and the 1,051st of 4,798 in finance & insurance. In 2024, the employer put in $1.47 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$94,160,710
Participants with balances323
Active participants299
Employer contributions$4,254,796
Employee contributions$2,892,233
Employer contribution per active participant$14,230
Average account balance$291,519
Benefits paid to participants$7,951,014
Plan auditUnmodified (clean) audit opinion
AuditorSCHEFFEL AND COMPANY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$94.2M · 323 accts · $4.3M emplr
2023$83.8M · 322 accts · $4.0M emplr
2022$73.5M · 324 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,218
Investment management$133,770
Total administrative$254,988
The Carrollton Bank 401(k) match · 2024
Employer contribution per active participant$14,230
Median for plans this size$3,635
2024$14,230 per active participant
2023$13,964 per active participant
2022$13,344 per active participant

Carrollton Bank'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 · 20244
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Participant communication$121,218
MONETA GROUP LLC · Investment advisory (plan)$133,770
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$254,988 · 0.29%
2023$237,457 · 0.30%
2022$235,466 · 0.30%
Same employer
Similar plansFinance & Insurance · Illinois
Advance Trading, Inc. IL$98.3M · 0.14%
Hbt Financial, Inc. IL$95.0M · 0.14%
Byline Bancorp, Inc. IL$92.2M · 0.21%
Magnetar Capital LLC IL$85.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370207180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.