Plan Ledger DOL Form 5500 · updated monthly

Experity, Inc.401(k)

EXPERITY 401(K) PLAN · MACHESNEY PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Experity, Inc. reported $15,295 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,183 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 963rd-largest of 3,702 plans among Illinois employers on file, and the 1,952nd of 11,911 in health care & social assistance. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 631 to 563 since 2022.

Plan summary
Net assets, end of year$47,458,609
Participants with balances669
Active participants563
Employer contributions$1,792,214
Employee contributions$3,477,356
Employer contribution per active participant$3,183
Average account balance$70,940
Benefits paid to participants$5,088,525
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.5M · 669 accts · $1.8M emplr
2023$41.2M · 677 accts · $1.8M emplr
2022$31.0M · 688 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,295
Total administrative$15,295
The Experity, Inc. 401(k) match · 2024
Employer contribution per active participant$3,183
Median for plans this size$2,416
2024$3,183 per active participant
2023$2,966 per active participant
2022$3,487 per active participant

Experity, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$15,307
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,295 · 0.03%
2023$13,417 · 0.04%
2022$12,003 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Addus Healthcare, Inc. IL$48.2M · 0.76%
Medcor, Inc. IL$47.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412016532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.