Plan Ledger DOL Form 5500 · updated monthly

Klingner & Associates, P.C.401(k)

KLINGNER & ASSOCIATES, P.C. RETIREMENT PLAN · QUINCY, IL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Klingner & Associates, P.C. reported $67,010 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $7,021 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 0.14% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,125th-largest of 3,702 plans among Illinois employers on file, and the 3,412th of 11,654 in professional & technical services. In 2024, employees put in $1.11 for every $1.00 the employer contributed; active participation has grown from 133 to 149 since 2022.

Plan summary
Net assets, end of year$38,452,565
Participants with balances205
Active participants149
Employer contributions$1,046,131
Employee contributions$1,164,539
Employer contribution per active participant$7,021
Average account balance$187,573
Benefits paid to participants$4,801,733
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.5M · 205 accts · $1.0M emplr
2023$36.4M · 176 accts · $505K emplr
2022$29.8M · 172 accts · $731K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,180
Investment management$7,594
Total administrative$67,010
The Klingner & Associates, P.C. 401(k) match · 2024
Employer contribution per active participant$7,021
Median for plans this size$2,416
2024$7,021 per active participant
2023$3,508 per active participant
2022$5,497 per active participant

Klingner & Associates, P.C.'s 2024 employer contribution ran above the $2,416 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.

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
ACEC RETIREMENT TRUST$47,236
EMPOWER ADVISORY GROUP, LLC · Investment management$7,594

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$67,010 · 0.18%
2023$56,944 · 0.17%
2022$47,546 · 0.14%
All plans at this employer2
KLINGNER & ASSOCIATES, P.C. RETIREMENT PLAN401(k)
KLINGNER EMPLOYEE PROFIT SHARING PLANProfit-sharing plan
Same employer
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Levenfeld Pearlstein, LLC IL$38.5M · 0.05%
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Civiltech Engineering, Inc. IL$37.9M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371179355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.