Plan Ledger DOL Form 5500 · updated monthly

Chicago Commons Association401(k)

403(B) THRIFT PLAN OF CHICAGO COMMONS ASSOCIATION · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
1.15%

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

Chicago Commons Association reported $60,990 in plan administrative expenses for 2024: 1.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $307 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 1.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,866th of 3,702), and 7,495th of 11,911 in health care & social assistance. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has grown from 256 to 772 since 2022.

Plan summary
Net assets, end of year$5,756,766
Participants with balances320
Active participants772
Employer contributions$236,800
Employee contributions$631,092
Employer contribution per active participant$307
Average account balance$17,990
Benefits paid to participants$570,750
Plan auditUnmodified (clean) audit opinion
AuditorMAHARLIKA PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 320 accts · $237K emplr
2023$4.9M · 308 accts · $226K emplr
2022$3.8M · 284 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,875
Investment management$19,847
Trustee / custodial$1
Total administrative$60,990
The Chicago Commons Association 401(k) match · 2024
Employer contribution per active participant$307
Median for plans this size$1,313
2024$307 per active participant
2023$919 per active participant
2022$718 per active participant

Chicago Commons Association's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
JULY BUSINESS SERVICES LLC · Recordkeeping$21,869
FARO ADVISORY · Investment advisory (participants)$19,847

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$60,990 · 1.15%
2023$53,682 · 1.24%
2022$41,394 · 1.16%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Wesley Willows IL$6.0M · 0.58%
Gracent, LLC IL$5.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362169136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.