Plan Ledger DOL Form 5500 · updated monthly

Hall Prangle & Schoonveld LLC401(k)

HALL PRANGLE & SCHOONVELD LLC RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Hall Prangle & Schoonveld LLC reported $71,446 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $5,730 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 0.36% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,393rd-largest of 3,702 plans among Illinois employers on file, and the 4,424th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 94 to 108 since 2022.

Plan summary
Net assets, end of year$27,568,304
Participants with balances162
Active participants108
Employer contributions$618,807
Employee contributions$1,183,305
Employer contribution per active participant$5,730
Average account balance$170,175
Benefits paid to participants$1,584,093
Plan auditUnmodified (clean) audit opinion
AuditorSELDEN FOX, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$27.6M · 162 accts · $619K emplr
2023$24.2M · 135 accts · $222K emplr
2022$20.7M · 132 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,484
Investment management$41,020
Total administrative$71,446
The Hall Prangle & Schoonveld LLC 401(k) match · 2024
Employer contribution per active participant$5,730
Median for plans this size$2,416
2024$5,730 per active participant
2023$2,284 per active participant

Hall Prangle & Schoonveld LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,426
STRATEGIC WEALTH PARTNERS GROUP · Investment advisory (plan)$29,112
KOVITZ INVESTMENT GROUP PARTNERS · Investment advisory (plan)$11,908

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$71,446 · 0.28%
2023$84,288 · 0.38%
2022$81,924 · 0.36%
Same employer
Similar plansProfessional & Technical Services · Illinois
Enfusion LTD. LLC IL$28.2M · 0.54%
Burwood Group, Inc. IL$28.0M · 0.29%
Gti International, Inc. IL$27.9M · 0.56%
Karmak, Inc. IL$27.8M · 0.38%
Aprimo US LLC IL$27.5M · 0.46%
Vaniam Group LLC IL$27.4M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043674858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.