Follett School Solutions Holdings, LLC401(k)
FOLLETT SCHOOL SOLUTIONS, LLC RETIREMENT SAVINGS PLAN · MCHENRY, IL · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Follett School Solutions Holdings, LLC reported $54,121 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,078 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 0.04% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 448th-largest of 3,702 plans among Illinois employers on file, and the 1,144th of 11,654 in professional & technical services. In 2022, employees put in $2.02 for every $1.00 the employer contributed.
Follett School Solutions Holdings, LLC's 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 201607245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.