Plan Ledger DOL Form 5500 · updated monthly

East Bank Club Venture401(k)

EAST BANK CLUB RETIREMENT AND 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

East Bank Club Venture reported $3,113 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,001 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 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,662nd-largest of 3,702 plans among Illinois employers on file, and the 420th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 241 to 499 since 2022.

Plan summary
Net assets, end of year$20,740,169
Participants with balances581
Active participants499
Employer contributions$499,627
Employee contributions$1,079,443
Employer contribution per active participant$1,001
Average account balance$35,697
Benefits paid to participants$905,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 581 accts · $500K emplr
2023$17.5M · 411 accts · $421K emplr
2022$14.2M · 205 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,113
Total administrative$3,113
The East Bank Club Venture 401(k) match · 2024
Employer contribution per active participant$1,001
Median for plans this size$2,416
2024$1,001 per active participant
2023$874 per active participant
2022$787 per active participant

East Bank Club Venture'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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$3,113

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$3,113 · 0.02%
2023$2,569 · 0.02%
2022$1,550 · 0.01%
Same employer
Similar plansArts, Entertainment & Recreation · Illinois
Mlk Consulting LLC IL$29.5M · 0.52%
United Center Joint Venture IL$24.2M · 0.14%
The Barack Obama Foundation IL$22.8M · 0.47%
Intersport Inc IL$18.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363049268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.