Plan Ledger DOL Form 5500 · updated monthly

Greeley and Hansen LLC401(k)

GREELEY AND HANSEN PROFIT SHARING AND RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Greeley and Hansen LLC reported $65,418 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,902 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 has held roughly steady near 0.117%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 816th-largest of 3,702 plans among Illinois employers on file, and the 2,434th of 11,654 in professional & technical services. In 2023, employees put in $5.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,311,209
Participants with balances397
Active participants238
Employer contributions$452,673
Employee contributions$2,696,446
Employer contribution per active participant$1,902
Average account balance$146,880
Benefits paid to participants$9,538,789
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$58.3M · 397 accts · $453K emplr
2022$53.3M · 405 accts · $323K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$62,428
Investment management$2,990
Total administrative$65,418
The Greeley and Hansen LLC 401(k) match · 2023
Employer contribution per active participant$1,902
Median for plans this size$3,659
2023$1,902 per active participant
2022$1,229 per active participant

Greeley and Hansen LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$65,418

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

Administrative cost history3
2024Not separately reported
2023$65,418 · 0.12%
2022$70,447 · 0.12%
Similar plansProfessional & Technical Services · Illinois
SAI360 Inc. IL$59.5M · 0.24%
Vistex, Inc. IL$58.9M · 0.56%
Impact Advisors, LLC IL$58.4M · 0.44%
3CLOUD LLC IL$57.4M · 0.11%
V3 Companies, LTD. IL$56.4M · 0.22%
Cassiday Schade LLP IL$55.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361164980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.