Plan Ledger DOL Form 5500 · updated monthly

G. H. Smart & Company, LLC401(k)

G. H. SMART & COMPANY, LLC 401(K) PROFIT SHARING PLAN & TRU · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

G. H. Smart & Company, LLC reported $46,297 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $6,641 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 0.20% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,326th-largest of 3,702 plans among Illinois employers on file, and the 4,208th of 11,654 in professional & technical services. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,668,047
Participants with balances155
Active participants130
Employer contributions$863,266
Employee contributions$2,045,044
Employer contribution per active participant$6,641
Average account balance$191,407
Benefits paid to participants$2,120,308
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 155 accts · $863K emplr
2023$24.0M · 159 accts · $784K emplr
2022$17.3M · 137 accts · $667K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,155
Investment management$142
Total administrative$46,297
The G. H. Smart & Company, LLC 401(k) match · 2024
Employer contribution per active participant$6,641
Median for plans this size$2,416
2024$6,641 per active participant
2023$5,640 per active participant
2022$5,129 per active participant

G. H. Smart & Company, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$46,297
ADP BROKER-DEALERindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$46,297 · 0.17%
2023$42,840 · 0.21%
2022$37,485 · 0.20%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 364036593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.