Plan Ledger DOL Form 5500 · updated monthly

El Valor Corporation403(b)

EL VALOR CORPORATION 401K SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
1.85%

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

El Valor Corporation reported $26,243 in plan administrative expenses for 2024: 1.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $90 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 2.00% to 1.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,407th of 3,702), and 10,377th of 11,911 in health care & social assistance. In 2024, employees put in $11.21 for every $1.00 the employer contributed; active participation has grown from 264 to 327 since 2022.

Plan summary
Net assets, end of year$1,603,119
Participants with balances160
Active participants327
Employer contributions$29,398
Employee contributions$329,497
Employer contribution per active participant$90
Average account balance$10,019
Benefits paid to participants$121,599
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.6M · 160 accts · $29K emplr
2023$1.2M · 153 accts · $24K emplr
2022$882K · 144 accts · $243K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,733
Investment management$5,510
Total administrative$26,243
Employer contributions to the El Valor Corporation plan · 2024
Employer contribution per active participant$90
Median for plans this size$1,313
2024$90 per active participant
2023$82 per active participant
2022$921 per active participant

El Valor Corporation's 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$1,308

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$26,243 · 1.85%
2023$21,175 · 2.00%
2022$17,563 · 2.00%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Snap Diagnostics LLC IL$2.0M · 0.21%
By Your Side, LLC IL$1.6M · 1.36%
Simple Laboratories LLC IL$1.5M · 0.42%
Marc Center IL$1.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237294683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.