Plan Ledger DOL Form 5500 · updated monthly

First Illinois Bancorp., Inc.401(k)

FIRST ILLINOIS BANCORP., INC. PROFIT SHARING 401(K) PLAN AND TRUST · EAST ST. LOUIS, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

First Illinois Bancorp., Inc. reported $65,556 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,730 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 0.44% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Illinois (2,015th of 3,702), and 3,524th of 4,798 in finance & insurance. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,706,386
Participants with balances115
Active participants123
Employer contributions$335,737
Employee contributions$440,611
Employer contribution per active participant$2,730
Average account balance$127,882
Benefits paid to participants$681,950
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 115 accts · $336K emplr
2023$12.6M · 114 accts · $331K emplr
2022$10.3M · 113 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,290
Investment management$54,266
Audit (IQPA)$10,000
Total administrative$65,556
The First Illinois Bancorp., Inc. 401(k) match · 2024
Employer contribution per active participant$2,730
Median for plans this size$2,416
2024$2,730 per active participant
2023$2,665 per active participant
2022$2,153 per active participant

First Illinois Bancorp., 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$1,290
COMMERCE BANK · Investment advisory (plan) · Consulting$54,266
ANDERS MINKLER HUBER & HELM LLP · Accounting / audit$10,000

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$65,556 · 0.48%
2023$60,499 · 0.53%
2022$52,232 · 0.44%
Similar plansFinance & Insurance · Illinois
Pra Events, Inc. IL$15.7M · 0.45%
Flanagan State Bank IL$14.7M · 0.33%
Abbott Laboratories Ees C/U IL$14.2M · 0.31%
Wilber & Associates PC IL$13.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371057402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.