Plan Ledger DOL Form 5500 · updated monthly

Green Lincoln, Inc.401(k)

THE GREEN FAMILY 401(K) PLAN · SPRINGFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Green Lincoln, Inc. reported $71,569 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $657 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 0.57% to 0.65%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,212th of 3,702), and the 2,257th of 5,215 in retail trade. In 2024, employees put in $4.00 for every $1.00 the employer contributed; active participation has shrunk from 456 to 367 since 2022.

Plan summary
Net assets, end of year$12,129,194
Participants with balances186
Active participants367
Employer contributions$241,142
Employee contributions$964,327
Employer contribution per active participant$657
Average account balance$65,211
Benefits paid to participants$399,290
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 186 accts · $241K emplr
2023$10.0M · 192 accts · $230K emplr
2022$8.4M · 193 accts · $231K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,902
Investment management$44,079
Trustee / custodial$2,588
Total administrative$71,569
The Green Lincoln, Inc. 401(k) match · 2024
Employer contribution per active participant$657
Median for plans this size$2,416
2024$657 per active participant
2023$630 per active participant
2022$507 per active participant

Green Lincoln, Inc.'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 · 20244
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$24,902
SIKICH, LLC · Claims processing · Recordkeeping$11,250
CRUMLY AND ASSOCIATES INCORPORATED, · Investment advisory (participants) · Investment advisory (plan)$32,829
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$2,588

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

Recordkeeper by year2
2024Ameritas, SIKICH, LLC
2023Ameritas, SIKICH, LLC

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

Administrative cost history3
2024$71,569 · 0.65%
2023$66,493 · 0.72%
2022$51,969 · 0.57%
Similar plansRetail Trade · Illinois
Runde Chevrolet, Inc. IL$12.4M · 0.02%
Jennings Chevrolet, Inc. IL$12.2M · 0.33%
Semersky Enterprises IL$12.2M · 0.48%
Kelley Williamson Company IL$11.9M · 0.15%
L.J. Thalmann Co. IL$11.7M · 0.43%
Jc Licht, LLC IL$11.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760734137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.