Plan Ledger DOL Form 5500 · updated monthly

Impact Advisors, LLC401(k)

IMPACT ADVISORS, LLC 401(K) PLAN · NAPERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Impact Advisors, LLC reported $236,690 in plan administrative expenses for 2024: 0.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,293 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 815th-largest of 3,702 plans among Illinois employers on file, and the 2,432nd of 11,654 in professional & technical services. In 2024, employees put in $3.55 for every $1.00 the employer contributed; active participation has grown from 454 to 642 since 2022.

Plan summary
Net assets, end of year$58,383,362
Participants with balances525
Active participants642
Employer contributions$2,114,385
Employee contributions$7,510,843
Employer contribution per active participant$3,293
Average account balance$111,206
Benefits paid to participants$6,126,333
Plan auditUnmodified (clean) audit opinion
AuditorDUFEK & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$58.4M · 525 accts · $2.1M emplr
2023$49.0M · 493 accts · $2.0M emplr
2022$37.7M · 353 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,279
Investment management$169,027
Audit (IQPA)$4,000
Total administrative$236,690
The Impact Advisors, LLC 401(k) match · 2024
Employer contribution per active participant$3,293
Median for plans this size$3,635
2024$3,293 per active participant
2023$2,786 per active participant
2022$3,161 per active participant

Impact Advisors, LLC's 2024 employer contribution ran below the $3,635 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 · 20246
ASHE BENEFITS 401(K) ADV. SERVICES · Investment advisory (plan)$115,893
EMPOWER ADVISORY GROUP LLC · Investment management$26,791
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$26,342
HUNTER BENEFITS CONSULTING GROUP · Contract administrator$16,384
DUFEK & COMPANY, LLC · Accounting / audit$4,000

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$236,690 · 0.44%
2023$181,918 · 0.42%
2022$166,218 · 0.42%
Same employer
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Much Shelist, P.C. IL$60.2M · 0.20%
SAI360 Inc. IL$59.5M · 0.24%
Vistex, Inc. IL$58.9M · 0.56%
Greeley and Hansen LLC IL$58.3M · 0.12%
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 208207247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.