Plan Ledger DOL Form 5500 · updated monthly

Gelber Group, LLC401(k)

GELBER GROUP 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Gelber Group, LLC reported $79,438 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $714 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 0.23% to 0.18%. 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 953rd-largest of 3,702 plans among Illinois employers on file, and the 1,733rd of 4,798 in finance & insurance. In 2024, employees put in $23.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,776,919
Participants with balances253
Active participants200
Employer contributions$142,743
Employee contributions$3,398,657
Employer contribution per active participant$714
Average account balance$188,842
Benefits paid to participants$2,263,348
Plan auditUnmodified (clean) audit opinion
AuditorDUFEK & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$47.8M · 253 accts · $143K emplr
2023$39.9M · 261 accts · $131K emplr
2022$32.2M · 261 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,188
Audit (IQPA)$8,500
Total administrative$79,438
The Gelber Group, LLC 401(k) match · 2024
Employer contribution per active participant$714
Median for plans this size$2,416
2024$714 per active participant
2023$671 per active participant
2022$630 per active participant

Gelber Group, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
CAPITAL STRATEGIES INVESTMENT GROU · Consulting · Investment advisory (plan)$43,750
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,188
DUFEK & CO. · Accounting / audit$8,500

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$79,438 · 0.18%
2023$83,174 · 0.23%
2022$79,129 · 0.23%
Same employer
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The Federal Savings Bank IL$48.8M · 0.46%
Xr Trading LLC IL$48.6M · 0.34%
The Horton Group, Inc. IL$48.2M · 0.45%
Choreo, LLC IL$45.7M · 0.04%
Vantage Services LLC IL$44.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364330915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.