Plan Ledger DOL Form 5500 · updated monthly

Inland Bancorp,Inc.401(k)

INLAND BANCORP 401(K) PLAN · OAK BROOK, IL · plan year 2022

Reported admin expense ratio · 2022
0.28%

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

Inland Bancorp,Inc. reported $68,573 in plan administrative expenses for 2022: 0.28% of average plan assets, above the peer median. Employer contributions averaged $2,927 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,573rd-largest of 3,702 plans among Illinois employers on file, and the 589th of 2,096 in real estate & leasing. In 2022, employees put in $3.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,921,239
Participants with balances297
Active participants166
Employer contributions$485,861
Employee contributions$1,896,589
Employer contribution per active participant$2,927
Average account balance$77,176
Benefits paid to participants$1,758,903
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $251K emplr
2022$22.9M · 297 accts · $486K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$47,463
Investment management$6,800
Professional / advisory$14,310
Total administrative$68,573
The Inland Bancorp,Inc. 401(k) match · 2022
Employer contribution per active participant$2,927
Median for plans this size$2,266

Inland Bancorp,Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$68,573 · 0.28%
Same employer
Similar plansReal Estate & Leasing · Illinois
The Habitat Company, LLC IL$24.9M · 0.50%
Idealease, Inc. IL$24.2M · 0.05%
Rmk Management IL$23.7M · 0.11%
Emkay Inc. IL$21.5M · 0.07%
Moran & Company IL$20.9M · 0.11%
Golub & Company, LLC IL$19.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364396104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.