Plan Ledger DOL Form 5500 · updated monthly

Gracent, LLC401(k)

GRACENT, LLC 401(K) PLAN · DES PLAINES, IL · plan year 2025

Reported admin expense ratio · 2025
0.68%

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

Gracent, LLC reported $35,287 in plan administrative expenses for 2025: 0.68% of average plan assets, above the peer median. Employer contributions averaged $870 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 3 years on file its reported administrative ratio rose from 0.56% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,848th of 3,702), and 7,422nd of 11,911 in health care & social assistance. In 2025, employees put in $1.88 for every $1.00 the employer contributed; active participation has grown from 137 to 388 since 2022.

Plan summary
Net assets, end of year$5,881,168
Participants with balances218
Active participants388
Employer contributions$337,453
Employee contributions$632,940
Employer contribution per active participant$870
Average account balance$26,978
Benefits paid to participants$352,443
Plan auditUnmodified (clean) audit opinion
AuditorPRICE KUBECKA, PLLC
Plan history4
Yearassets · accounts · employer contribution
2025$5.9M · 218 accts · $337K emplr
2024$4.5M · 175 accts · $249K emplr
2023$3.5M · 147 accts · $228K emplr
2022$2.7M · 124 accts · $207K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$35,287
Total administrative$35,287
The Gracent, LLC 401(k) match · 2025
Employer contribution per active participant$870
Median for plans this size$1,464
2025$870 per active participant
2024$689 per active participant
2023$842 per active participant
2022$1,514 per active participant

Gracent, LLC's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$35,287
GENEOS WEALTH MANAGEMENT INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)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 history4
2025$35,287 · 0.68%
2024$34,897 · 0.87%
2023$23,425 · 0.76%
2022$15,059 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Vitae Health Systems IL$6.1M · 1.32%
Glenkirk IL$6.1M · 0.85%
Familia Development, LLC IL$6.1M · 1.94%
Wesley Willows IL$6.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 872977387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.