Plan Ledger DOL Form 5500 · updated monthly

Choreo, LLC401(k)

CHOREO RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Choreo, LLC reported $16,000 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,376 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 rose from 0.02% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 979th-largest of 3,702 plans among Illinois employers on file, and the 1,785th of 4,798 in finance & insurance. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 143 to 227 since 2022.

Plan summary
Net assets, end of year$45,704,294
Participants with balances243
Active participants227
Employer contributions$1,674,255
Employee contributions$3,516,212
Employer contribution per active participant$7,376
Average account balance$188,084
Benefits paid to participants$3,097,482
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.7M · 243 accts · $1.7M emplr
2023$37.9M · 221 accts · $1.4M emplr
2022$28.6M · 145 accts · $755K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,006
Investment management$2,994
Total administrative$16,000
The Choreo, LLC 401(k) match · 2024
Employer contribution per active participant$7,376
Median for plans this size$2,416
2024$7,376 per active participant
2023$6,181 per active participant
2022$5,281 per active participant

Choreo, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,921

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$16,000 · 0.04%
2023$11,143 · 0.03%
2022$5,210 · 0.02%
Same employer
Similar plansFinance & Insurance · Illinois
The Horton Group, Inc. IL$48.2M · 0.45%
Gelber Group, LLC IL$47.8M · 0.18%
Vantage Services LLC IL$44.9M · 0.03%
Simplex Investments, LLC IL$43.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411944416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.