Plan Ledger DOL Form 5500 · updated monthly

Foresight Financial Group, Inc.401(k)

FORESIGHT FINANCIAL GROUP, INC. EMPLOYEE SAVINGS AND PROFIT SHARING PLAN · ROCKFORD, IL · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Foresight Financial Group, Inc. reported $179,760 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,781 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 0.60% to 0.53%. 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 the 1,151st-largest of 3,702 plans among Illinois employers on file, and the 2,100th of 4,798 in finance & insurance. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,858,656
Participants with balances304
Active participants227
Employer contributions$631,190
Employee contributions$1,591,688
Employer contribution per active participant$2,781
Average account balance$121,246
Benefits paid to participants$1,100,105
Plan auditUnmodified (clean) audit opinion
AuditorBENNING GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$36.9M · 304 accts · $631K emplr
2023$31.6M · 300 accts · $614K emplr
2022$28.5M · 290 accts · $573K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,811
Investment management$138,457
Audit (IQPA)$10,492
Total administrative$179,760
The Foresight Financial Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,781
Median for plans this size$2,416
2024$2,781 per active participant
2023$2,537 per active participant
2022$2,513 per active participant

Foresight Financial Group, 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 · 20244
PCS RETIREMENT, LLC · Claims processing · Contract administrator$26,206
SAVANT CAPITAL MANAGEMENT, INC · Investment advisory (plan)$138,457
BENNING GROUP, LLC · Accounting / audit$10,493
DWC ERISA CONSULTANTS, LLC · Pension consulting$4,605

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$179,760 · 0.53%
2023$187,566 · 0.63%
2022$185,148 · 0.60%
Same employer
Similar plansFinance & Insurance · Illinois
Spins LLC IL$39.4M · 0.56%
Akuna Capital LLC IL$38.3M · 0.36%
Bank of Springfield IL$38.2M · 0.28%
Blackhawk Bank & Trust IL$35.4M · 0.25%
Old Second National Bank IL$34.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363371610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.