Plan Ledger DOL Form 5500 · updated monthly

Law Office of Gerald M. Shapiro401(k)

LOGS LEGAL NETWORK 401(K) PLAN · BANNOCKBURN, IL · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Law Office of Gerald M. Shapiro reported $93,499 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $352 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 1 year on file its reported administrative ratio fell from 0.34% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,099th-largest of 3,702 plans among Illinois employers on file, and the 350th of 2,096 in real estate & leasing. In 2023, employees put in $10.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,005,907
Participants with balances559
Active participants450
Employer contributions$158,584
Employee contributions$1,705,943
Employer contribution per active participant$352
Average account balance$71,567
Benefits paid to participants$3,355,667
Plan auditUnmodified (clean) audit opinion
AuditorRSMUS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$40.0M · 559 accts · $159K emplr
2022$34.9M · 483 accts · $130K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$44,496
Investment management$49,003
Total administrative$93,499
The Law Office of Gerald M. Shapiro 401(k) match · 2023
Employer contribution per active participant$352
Median for plans this size$2,440
2023$352 per active participant
2022$337 per active participant

Law Office of Gerald M. Shapiro's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$48,499
MMA SECURITIES LLC · Recordkeeping · Trustee$22,500
MMA SECURITIES, LLC · Recordkeeping · Trustee$22,500

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

Administrative cost history2
2023$93,499 · 0.25%
2022$132,220 · 0.34%
Similar plansReal Estate & Leasing · Illinois
Baird & Warner, Inc. IL$45.1M · 0.18%
Logs Legal Group LLP IL$42.1M · 0.40%
Interpark LLC IL$38.4M · 0.37%
Ca Ventures, LLC IL$36.9M · 0.42%
Odyssey Holdings LTD. IL$36.6M · 0.08%
Great Wolf Resorts, Inc. IL$34.4M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363611018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.