Ismie Mutual Insurance Company401(k)
ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN · CHICAGO, IL · plan year 2023
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Ismie Mutual Insurance Company reported $96,766 in plan administrative expenses for 2023: 0.09% of average plan assets, below the peer median. Employer contributions averaged $7,643 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 0.075% to 0.081%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 516th-largest of 3,702 plans among Illinois employers on file, and the 923rd of 4,798 in finance & insurance. In 2023, employees put in $1.62 for every $1.00 the employer contributed.
Ismie Mutual Insurance Company's 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top quarter of its peers. 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 2023 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.
This plan has changed recordkeepers within these filings. If you left Ismie Mutual Insurance Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 362883612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.