Plan Ledger DOL Form 5500 · updated monthly

Clausen Miller, P.C.401(k)

CLAUSEN MILLER, P.C. 401 (K) RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Clausen Miller, P.C. reported $13,817 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,596 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 fell from 0.03% to 0.02%. 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 664th-largest of 3,702 plans among Illinois employers on file, and the 1,856th of 11,654 in professional & technical services. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$78,390,999
Participants with balances272
Active participants189
Employer contributions$490,585
Employee contributions$1,478,407
Employer contribution per active participant$2,596
Average account balance$288,202
Benefits paid to participants$8,346,981
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$78.4M · 272 accts · $491K emplr
2023$74.2M · 266 accts · $306K emplr
2022$69.3M · 265 accts · $480K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,188
Investment management$12,629
Total administrative$13,817
The Clausen Miller, P.C. 401(k) match · 2024
Employer contribution per active participant$2,596
Median for plans this size$3,635
2024$2,596 per active participant
2023$1,739 per active participant
2022$2,653 per active participant

Clausen Miller, P.C.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$13,817 · 0.02%
2023$19,193 · 0.03%
2022$24,676 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Illinois
Cramer-Krasselt Co. IL$88.8M · 0.12%
United Generations, LLC IL$87.8M · 0.14%
Trustwave Holdings, Inc. IL$86.7M · 0.21%
Kemper CPA Group LLP IL$80.6M · 0.32%
V3 Companies, LTD. IL$76.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362921056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.