Plan Ledger DOL Form 5500 · updated monthly

L&G Law Group LLP401(k)

L&G LAW GROUP SAVINGS PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.27%

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

L&G Law Group LLP reported $71,669 in plan administrative expenses for 2022: 0.27% of average plan assets, above the peer median. Employer contributions averaged $4,031 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,574th-largest of 3,702 plans among Illinois employers on file, and the 5,075th of 11,654 in professional & technical services. In 2022, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,909,211
Participants with balances128
Active participants33
Employer contributions$133,014
Employee contributions$374,440
Employer contribution per active participant$4,031
Average account balance$178,978
Benefits paid to participants$2,812,905
Plan auditUnmodified (clean) audit opinion
AuditorCOLE, MARTIN & CO., LTD.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$22.9M · 128 accts · $133K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$71,669
Total administrative$71,669
The L&G Law Group LLP 401(k) match · 2022
Employer contribution per active participant$4,031
Median for plans this size$2,266

L&G Law Group LLP's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$71,669 · 0.27%
Similar plansProfessional & Technical Services · Illinois
Kopka, Pinkus & Dolin, PC IL$23.2M · 0.51%
Kay and Associates, Inc. IL$23.1M · 0.61%
Rjn Group, Inc. IL$23.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363994065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.