Plan Ledger DOL Form 5500 · updated monthly

Insight Chicago401(k)

INSIGHT CHICAGO 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Insight Chicago reported $13,446 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $799 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 1.82% to 0.20%. 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 (2,589th of 3,702), and 6,399th of 11,911 in health care & social assistance. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 523 to 758 since 2022.

Plan summary
Net assets, end of year$8,101,152
Participants with balances608
Active participants758
Employer contributions$605,646
Employee contributions$879,388
Employer contribution per active participant$799
Average account balance$13,324
Benefits paid to participants$317,225
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 608 accts · $606K emplr
2023$5.1M · 659 accts · $1.2M emplr
2022$1.9M · 401 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,330
Investment management$6,116
Total administrative$13,446
The Insight Chicago 401(k) match · 2024
Employer contribution per active participant$799
Median for plans this size$1,313
2024$799 per active participant
2023$1,664 per active participant
2022$592 per active participant

Insight Chicago'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.

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
NFP RETIREMENT INC · Investment advisory (plan)$6,098
EMPOWER ADVISORY GROUP, LLC · Investment management$18

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$13,446 · 0.20%
2023$48,708 · 1.39%
2022$20,253 · 1.82%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Magna Health Systems, LLC IL$8.2M · 0.23%
Plymouth Place, Inc. IL$8.1M · 0.18%
Eden Senior Care LLC IL$8.1M · 0.70%
T.A.S.C. Inc. IL$8.1M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862358048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.