Plan Ledger DOL Form 5500 · updated monthly

Lawrence Hall401(k)

LAWRENCE HALL 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Lawrence Hall reported $50,822 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,389 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 has held roughly steady near 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,414th of 3,702), and the 5,801st of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,699,132
Participants with balances409
Active participants299
Employer contributions$415,297
Employee contributions$796,227
Employer contribution per active participant$1,389
Average account balance$23,714
Benefits paid to participants$1,059,322
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.7M · 409 accts · $415K emplr
2023$8.4M · 409 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,822
Total administrative$50,822
The Lawrence Hall 401(k) match · 2024
Employer contribution per active participant$1,389
Median for plans this size$1,313
2024$1,389 per active participant
2023$1,340 per active participant

Lawrence Hall's 2024 employer contribution ran above the $1,313 median for plans its size. 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
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$33,920

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$50,822 · 0.56%
2023$45,898 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Doctors Data Inc. IL$9.8M · 0.06%
One Hope United IL$9.4M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167771 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.