Plan Ledger DOL Form 5500 · updated monthly

Elm401(k)

ELM LOCATING AND UTILITY SERVICES 401(K) PLAN · PEORIA, IL · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Elm reported $66,950 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.73% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Illinois (2,048th of 3,702), and 1,260th of 2,199 in information & media. active participation has grown from 739 to 1,188 since 2022.

Plan summary
Net assets, end of year$14,229,243
Participants with balances1,574
Active participants1,188
Employer contributions$0
Employee contributions$3,501,993
Employer contribution per active participant$0
Average account balance$9,040
Benefits paid to participants$1,913,624
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 1,574 accts
2023$11.1M · 1,428 accts
2022$8.6M · 1,145 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,749
Total administrative$66,950
The Elm 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Elm'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,749
CLIFTON LARSON ALLEN LLP · Accounting / audit$13,201
NATIONAL FINANCIAL SERVICES LLCindirect comp
MORGAN STANLEY SMITH BARNEYindirect comp

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$66,950 · 0.53%
2023$58,374 · 0.59%
2022$68,491 · 0.73%
Same employer
Similar plansInformation & Media · Illinois
Legacy.com, Inc. IL$16.6M · 0.30%
Omeda Holdings, LLC IL$15.5M · 0.02%
Small Newspaper Group, Inc. IL$13.6M · 0.31%
Hireology, Inc. IL$12.7M · 0.44%
Chicago Review Press, Inc. IL$12.4M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810529580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.