Plan Ledger DOL Form 5500 · updated monthly

Employment & Employer Services, Inc.401(k)

EMPLOYMENT & EMPLOYER SERVICES, INC RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
1.24%

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

Employment & Employer Services, Inc. reported $81,075 in plan administrative expenses for 2023: 1.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $939 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 1 year on file its reported administrative ratio rose from 0.44% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,744th of 3,702), and 9,096th of 11,654 in professional & technical services. In 2023, employees put in $3.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,796,328
Participants with balances99
Active participants93
Employer contributions$87,364
Employee contributions$343,161
Employer contribution per active participant$939
Average account balance$68,650
Benefits paid to participants$688,136
Plan auditUnmodified (clean) audit opinion
AuditorMITCHELL TITUS, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$6.8M · 99 accts · $87K emplr
2022$6.3M · 120 accts · $98K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,643
Investment management$25,432
Audit (IQPA)$29,000
Total administrative$81,075
The Employment & Employer Services, Inc. 401(k) match · 2023
Employer contribution per active participant$939
Median for plans this size$1,308
2023$939 per active participant
2022$1,019 per active participant

Employment & Employer Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
MITCHELL & TITUS, LLP · Accounting / audit · Contract administrator$29,000
ROTHSCHILD INVESTMENT CORPORATION · Investment advisory (plan)$22,370
HOWARD SIMON & ASSOCIATES, INC. · Contract administrator$8,355

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

Administrative cost history2
2023$81,075 · 1.24%
2022$31,464 · 0.44%
Same employer
Similar plansProfessional & Technical Services · Illinois
Zzounds Music, LLC IL$6.6M · 0.01%
Aspire Systems Digital IL$6.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363242702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.