Illinois Valley Economic Development Corporation403(b)
ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION RETIREMENT PLAN · GILLESPIE, IL · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Illinois Valley Economic Development Corporation reported $37,527 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,162 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 1.06% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,195th of 3,702), and 9,087th of 11,911 in health care & social assistance. In 2024, the employer put in $1.70 for every $1.00 employees contributed themselves; active participation has shrunk from 274 to 226 since 2022.
Illinois Valley Economic Development Corporation's 2024 employer contribution ran below the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 376059503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.