Plan Ledger DOL Form 5500 · updated monthly

Jc Licht, LLC401(k)

JC LICHT 401(K) PLAN · ADDISON, IL · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Jc Licht, LLC reported $77,707 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $300 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 4 years on file its reported administrative ratio rose from 0.37% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,258th of 3,702), and the 2,334th of 5,215 in retail trade. In 2024, employees put in $5.36 for every $1.00 the employer contributed; active participation has grown from 386 to 697 since 2020.

Plan summary
Net assets, end of year$11,605,860
Participants with balances713
Active participants697
Employer contributions$208,833
Employee contributions$1,120,110
Employer contribution per active participant$300
Average account balance$16,278
Benefits paid to participants$1,315,337
Plan history4
Yearassets · accounts · employer contribution
2024$11.6M · 713 accts · $209K emplr
2023$10.3M · 696 accts · $445K emplr
2022$7.3M · 605 accts · $355K emplr
2020$5.8M · 321 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,707
Total administrative$77,707
The Jc Licht, LLC 401(k) match · 2024
Employer contribution per active participant$300
Median for plans this size$2,416
2024$300 per active participant
2023$594 per active participant
2022$572 per active participant

Jc Licht, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

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 · 20241
AXA EQUITABLE LIFE INSURANCE CO · Recordkeeping · Trustee (directed)$77,920

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024AXA EQUITABLE LIFE INSURANCE CO
2023AXA EQUITABLE LIFE INSURANCE CO

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Administrative cost history4
2024$77,707 · 0.71%
2023$61,421 · 0.69%
2022$46,250 · 0.65%
2020$21,466 · 0.37%
Same employer
Similar plansRetail Trade · Illinois
Green Lincoln, Inc. IL$12.1M · 0.65%
Kelley Williamson Company IL$11.9M · 0.15%
L.J. Thalmann Co. IL$11.7M · 0.43%
American Green, Inc. IL$11.3M · 0.21%
Hickory Farms, LLC IL$11.2M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472174551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.