Plan Ledger DOL Form 5500 · updated monthly

Compsych Management Corporation401(k)

COMPSYCH MANAGEMENT CORPORATION RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Compsych Management Corporation reported $105,940 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $421 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 0.24% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 864th-largest of 3,702 plans among Illinois employers on file, and the 1,764th of 11,911 in health care & social assistance. In 2024, employees put in $5.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,621,367
Participants with balances589
Active participants1,414
Employer contributions$595,498
Employee contributions$3,553,839
Employer contribution per active participant$421
Average account balance$91,038
Benefits paid to participants$1,796,404
Plan auditUnmodified (clean) audit opinion
AuditorSASSETTI LLC
Plan history3
Yearassets · accounts · employer contribution
2024$53.6M · 589 accts · $595K emplr
2023$43.5M · 565 accts · $554K emplr
2022$33.8M · 542 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,466
Investment management$45,474
Total administrative$105,940
The Compsych Management Corporation 401(k) match · 2024
Employer contribution per active participant$421
Median for plans this size$2,416
2024$421 per active participant
2023$404 per active participant
2022$355 per active participant

Compsych Management Corporation's 2024 employer contribution ran below the $2,416 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$60,466
OPPENHEIMER & CO. INC. · Investment management$45,474

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$105,940 · 0.22%
2023$93,636 · 0.24%
2022$87,235 · 0.24%
Similar plansHealth Care & Social Assistance · Illinois
Graham Hospital IL$58.0M · 0.27%
Symbria Inc. IL$56.1M · 0.21%
Rosecrance Health Network IL$54.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363272141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.