Plan Ledger DOL Form 5500 · updated monthly

Compass Management, LLC401(k)

COMPASS HOLDING 401(K) PLAN · CLARENDON HILLS, IL · plan year 2024

Reported admin expense ratio · 2024
1.39%

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

Compass Management, LLC reported $74,262 in plan administrative expenses for 2024: 1.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,965 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 1.49% to 1.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (2,845th of 3,702), and 1,521st of 2,677 in transportation & warehousing. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,898,281
Participants with balances150
Active participants130
Employer contributions$255,404
Employee contributions$621,489
Employer contribution per active participant$1,965
Average account balance$39,322
Benefits paid to participants$371,866
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 150 accts · $255K emplr
2023$4.8M · 175 accts · $274K emplr
2022$3.6M · 156 accts · $336K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,171
Investment management$1,091
Total administrative$74,262
The Compass Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,965
Median for plans this size$1,313
2024$1,965 per active participant
2023$1,736 per active participant
2022$2,508 per active participant

Compass Management, LLC's 2024 employer contribution ran above the $1,313 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.

Service providers · 20241
JOHN HANCOCK LIFE INSURANC COMPANY · Recordkeeping · Investment management$53,245

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$74,262 · 1.39%
2023$40,960 · 0.98%
2022$53,133 · 1.49%
Similar plansTransportation & Warehousing · Illinois
Nots Logistics, L.L.C. IL$6.2M · 1.81%
Cox Transfer, Inc. IL$5.9M · 0.42%
Molo Solutions, LLC IL$5.9M · 0.24%
Buske Lines, Inc IL$5.6M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262291213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.