Plan Ledger DOL Form 5500 · updated monthly

Legacy Professionals LLP401(k)

LEGACY PROFESSIONALS LLP 401(K) PLAN · WESTCHESTER, IL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Legacy Professionals LLP reported $56,685 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,921 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 0.11% to 0.12%. 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 874th-largest of 3,702 plans among Illinois employers on file, and the 2,642nd of 11,654 in professional & technical services. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,921,612
Participants with balances219
Active participants174
Employer contributions$682,202
Employee contributions$1,565,423
Employer contribution per active participant$3,921
Average account balance$241,651
Benefits paid to participants$964,544
Plan auditUnmodified (clean) audit opinion
AuditorL. M. HENDERSON & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$52.9M · 219 accts · $682K emplr
2023$44.1M · 200 accts · $648K emplr
2022$31.1M · 197 accts · $502K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,148
Investment management$22,537
Total administrative$56,685
The Legacy Professionals LLP 401(k) match · 2024
Employer contribution per active participant$3,921
Median for plans this size$2,416
2024$3,921 per active participant
2023$3,949 per active participant
2022$3,060 per active participant

Legacy Professionals LLP's 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,148
OSAIC WEALTH INC · Investment advisory (plan)$11,292
CLOSED DLR-WOODBURY FINANCIAL · Investment advisory (plan)$11,245

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$56,685 · 0.12%
2023$35,714 · 0.10%
2022$36,469 · 0.11%
Same employer
Similar plansProfessional & Technical Services · Illinois
Cassiday Schade LLP IL$55.4M · 0.01%
Datix USA Inc. IL$52.8M · 0.04%
Rhr International LLP IL$52.0M · 0.03%
Velocityehs IL$50.5M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320043599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.