Plan Ledger DOL Form 5500 · updated monthly

Cresset Administrative Services Corporation401(k)

CRESSET ADMINISTRATIVE SERVICES CORPORATION 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Cresset Administrative Services Corporation reported $87,283 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,560 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 0.41% to 0.22%. 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 947th-largest of 3,702 plans among Illinois employers on file, and the 1,725th of 4,798 in finance & insurance. In 2024, employees put in $4.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,139,481
Participants with balances601
Active participants524
Employer contributions$1,341,668
Employee contributions$6,626,112
Employer contribution per active participant$2,560
Average account balance$80,099
Benefits paid to participants$1,813,681
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD
Plan history2
Yearassets · accounts · employer contribution
2024$48.1M · 601 accts · $1.3M emplr
2022$18.3M · 406 accts · $862K emplr
The Cresset Administrative Services Corporation 401(k) match · 2024
Employer contribution per active participant$2,560
Median for plans this size$2,416
2024$2,560 per active participant
2022$2,387 per active participant

Cresset Administrative Services Corporation's 2024 employer contribution ran above the $2,416 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 · 20243
DEFINITI LLC · Contract administrator$10,275
CREATIVE PLANNING LLC · Investment advisory (plan)$10,000

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

Administrative cost history2
2024$87,283 · 0.22%
2022$66,180 · 0.41%
Same employer
Similar plansFinance & Insurance · Illinois
The Federal Savings Bank IL$48.8M · 0.46%
Xr Trading LLC IL$48.6M · 0.34%
The Horton Group, Inc. IL$48.2M · 0.45%
Gelber Group, LLC IL$47.8M · 0.18%
Choreo, LLC IL$45.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832030745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.