Plan Ledger DOL Form 5500 · updated monthly

IT Takes a Village Early Learnin401(k)

IT TAKES A VILLAGE EMPLOYEES SAVINGS TRUST · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.99%

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

IT Takes a Village Early Learnin reported $2,987 in plan administrative expenses for 2022: 0.99% of average plan assets, above the peer median. Employer contributions averaged $195 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,604th of 3,702), and 11,591st of 11,911 in health care & social assistance. In 2022, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$283,712
Participants with balances39
Active participants179
Employer contributions$34,870
Employee contributions$47,549
Employer contribution per active participant$195
Average account balance$7,275
Benefits paid to participants$98,604
Plan auditUnmodified (clean) audit opinion
AuditorARNOLD KNOX CPA ADVISORY SERVICE
The IT Takes a Village Early Learnin 401(k) match · 2022
Employer contribution per active participant$195
Median for plans this size$331

IT Takes a Village Early Learnin's 2022 employer contribution ran below the $331 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 history1
2022$2,987 · 0.99%
Similar plansHealth Care & Social Assistance · Illinois
In-Home Care Connection IL$349K · 0.76%
Freedom Homecare Inc IL$332K · 0.05%
Tiger Healthcare LLC IL$224K · 5.27%
Eden Services, Inc. IL$214K · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331120896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.