Plan Ledger DOL Form 5500 · updated monthly

Family Focus401(k)

FAMILY FOCUS EMPLOYEES SAVINGS TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Family Focus reported $36,607 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $1,996 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 rose from 0.45% to 0.53%. 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 (2,618th of 3,702), and 6,507th of 11,911 in health care & social assistance. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves; active participation has grown from 297 to 389 since 2022.

Plan summary
Net assets, end of year$7,879,573
Participants with balances404
Active participants389
Employer contributions$776,503
Employee contributions$647,143
Employer contribution per active participant$1,996
Average account balance$19,504
Benefits paid to participants$477,310
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 404 accts · $777K emplr
2023$6.0M · 461 accts · $627K emplr
2022$4.3M · 409 accts · $547K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,319
Investment management$3,288
Total administrative$36,607
The Family Focus 401(k) match · 2024
Employer contribution per active participant$1,996
Median for plans this size$1,313
2024$1,996 per active participant
2023$1,953 per active participant
2022$1,841 per active participant

Family Focus's 2024 employer contribution ran above the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$33,319

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$36,607 · 0.53%
2023$26,088 · 0.50%
2022$17,847 · 0.45%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
T.A.S.C. Inc. IL$8.1M · 0.89%
Service, Inc. of Illinois IL$8.0M · 0.09%
Youth Guidance IL$7.9M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362166998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.