Plan Ledger DOL Form 5500 · updated monthly

Embarras River Basin Agency, Inc.401(k)

ERBA EMPLOYEE'S 401(K) PLAN · GREENUP, IL · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

Embarras River Basin Agency, Inc. reported $46,293 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,842 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 1.14% to 1.07%. 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 (3,001st of 3,702), and 8,134th of 11,911 in health care & social assistance. In 2024, the employer put in $2.87 for every $1.00 employees contributed themselves; active participation has grown from 122 to 136 since 2022.

Plan summary
Net assets, end of year$4,622,789
Participants with balances168
Active participants136
Employer contributions$386,501
Employee contributions$134,472
Employer contribution per active participant$2,842
Average account balance$27,517
Benefits paid to participants$485,687
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 168 accts · $387K emplr
2023$4.0M · 163 accts · $371K emplr
2022$3.4M · 174 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,882
Audit (IQPA)$13,300
Total administrative$46,293
The Embarras River Basin Agency, Inc. 401(k) match · 2024
Employer contribution per active participant$2,842
Median for plans this size$1,313
2024$2,842 per active participant
2023$3,120 per active participant
2022$2,852 per active participant

Embarras River Basin Agency, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
SHOWME PENSION GROUP · Accounting / audit$15,085
SIKICH CPA LLC · Accounting / audit$13,300
CAPITAL RESEARCH AND MANAGEMENT CO. · Trusteeindirect 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$46,293 · 1.07%
2023$45,064 · 1.21%
2022$41,495 · 1.14%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Individual Advocacy Group IL$4.8M · 0.60%
Illuminate Healthcare IL$4.8M · 0.86%
Bridgeway, Inc. IL$4.6M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370890281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.