Plan Ledger DOL Form 5500 · updated monthly

Kimberly S Koch401(k)

HGS 401(K) RETIREMENT PLAN · PEORIA, IL · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Kimberly S Koch reported $55,068 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $38 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 0.34% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (2,083rd of 3,702), and the 818th of 2,534 in administrative & support services. In 2024, employees put in $4.05 for every $1.00 the employer contributed; active participation has grown from 1,135 to 6,393 since 2022.

Plan summary
Net assets, end of year$13,829,132
Participants with balances378
Active participants6,393
Employer contributions$241,857
Employee contributions$979,749
Employer contribution per active participant$38
Average account balance$36,585
Benefits paid to participants$1,734,799
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 378 accts · $242K emplr
2023$13.0M · 338 accts · $133K emplr
2022$11.9M · 435 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,572
Investment management$13,496
Total administrative$55,068
The Kimberly S Koch 401(k) match · 2024
Employer contribution per active participant$38
Median for plans this size$2,416
2024$38 per active participant
2023$202 per active participant
2022$276 per active participant

Kimberly S Koch'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,572
CAPFINANICAL PARTNERS LLC · Investment advisory (plan)$13,496

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$55,068 · 0.41%
2023$40,838 · 0.33%
2022$52,307 · 0.34%
Same employer
Similar plansAdministrative & Support Services · Illinois
Jfm Enterprises, Inc. IL$16.7M · 0.22%
American Litho, Inc. IL$16.1M · 0.46%
Harris & Harris, LTD. IL$15.4M · 0.30%
Daniels Sharpsmart, Inc. IL$14.8M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731723493 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.