Plan Ledger DOL Form 5500 · updated monthly

Hennessy & Roach P.C.401(k)

HENNESSY & ROACH 401(K) SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Hennessy & Roach P.C. reported $78,772 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,004 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 0.33% to 0.31%. 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 1,423rd-largest of 3,702 plans among Illinois employers on file, and the 4,529th of 11,654 in professional & technical services. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 149 to 168 since 2022.

Plan summary
Net assets, end of year$26,733,009
Participants with balances194
Active participants168
Employer contributions$504,661
Employee contributions$1,280,891
Employer contribution per active participant$3,004
Average account balance$137,799
Benefits paid to participants$1,898,448
Plan auditUnmodified (clean) audit opinion
AuditorDIGIOVINE HNILO JORDAN & JOHNSON LT
Plan history3
Yearassets · accounts · employer contribution
2024$26.7M · 194 accts · $505K emplr
2023$23.9M · 185 accts · $478K emplr
2022$19.6M · 168 accts · $449K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,620
Investment management$74,152
Total administrative$78,772
The Hennessy & Roach P.C. 401(k) match · 2024
Employer contribution per active participant$3,004
Median for plans this size$2,416
2024$3,004 per active participant
2023$2,896 per active participant
2022$3,012 per active participant

Hennessy & Roach P.C.'s 2024 employer contribution ran above the $2,416 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$4,620
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$73,426

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$78,772 · 0.31%
2023$66,240 · 0.31%
2022$68,924 · 0.33%
Same employer
Similar plansProfessional & Technical Services · Illinois
Aprimo US LLC IL$27.5M · 0.46%
Vaniam Group LLC IL$27.4M · 0.32%
Vsa Partners, LLC IL$26.4M · 0.24%
Crossvue, LLC IL$26.1M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363883812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.