Plan Ledger DOL Form 5500 · updated monthly

Glenkirk401(k)

GLENKIRK PENSION PLAN AND TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Glenkirk reported $47,854 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $685 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 0.58% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,825th of 3,702), and 7,299th of 11,911 in health care & social assistance. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 183 to 287 since 2022.

Plan summary
Net assets, end of year$6,097,577
Participants with balances262
Active participants287
Employer contributions$196,489
Employee contributions$426,468
Employer contribution per active participant$685
Average account balance$23,273
Benefits paid to participants$341,502
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, COOPER & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 262 accts · $196K emplr
2023$5.2M · 256 accts · $159K emplr
2022$4.5M · 238 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,854
Total administrative$47,854
The Glenkirk 401(k) match · 2024
Employer contribution per active participant$685
Median for plans this size$1,313
2024$685 per active participant
2023$691 per active participant
2022$694 per active participant

Glenkirk's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$35,469
THE BENEFITS CONSULTING GROUP, INC. · Contract administrator · Other services$12,385
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
LASALLE ST INVESTMENT ADVISORS LLC · Investment advisory (plan)indirect comp

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$47,854 · 0.85%
2023$45,435 · 0.94%
2022$24,496 · 0.58%
All plans at this employer2
GLENKIRK EMPLOYEE SAVINGS PLAN403(b)
GLENKIRK PENSION PLAN AND TRUST401(k)
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Westminster Village, Inc. IL$6.4M · 0.65%
La Cross Dental LLC IL$6.3M · 0.53%
Webster Dental Care Group IL$6.2M · 0.65%
Vitae Health Systems IL$6.1M · 1.32%
Familia Development, LLC IL$6.1M · 1.94%
Wesley Willows IL$6.0M · 0.58%
Gracent, LLC IL$5.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362345191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.