Plan Ledger DOL Form 5500 · updated monthly

Lester & Rosalie Anixter Center401(k)

ANIXTER CENTER INCENTIVE SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.91%

Lester & Rosalie Anixter Center reported $73,419 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. 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 fell from 1.11% to 0.91%. 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 (2,551st of 3,702), and 6,301st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$8,362,005
Participants with balances209
Active participants168
Employer contributions—
Employee contributions$499,552
Employer contribution per active participant—
Average account balance$40,010
Benefits paid to participants$1,116,940
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 209 accts
2023$7.8M · 208 accts
2022$6.4M · 201 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,077
Investment management$13,342
Total administrative$73,419
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 · 20245
ADP, INC. · Loan processing · Recordkeeping$30,816
BDO USA , LLP · Recordkeeping · Pension consulting$29,260
CREATIVE PLANNING HOLDCO, LLC · Recordkeeping · Pension consulting$20,053
MESIROW FINANCIAL INC · Recordkeeping · Pension consulting$6,630
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, BDO USA , LLP, CREATIVE PLANNING HOLDCO, LLC, MESIROW FINANCIAL INC
2023ADP, BDO USA , LLP, MESIROW FINANCIAL INC

This plan has changed recordkeepers within these filings. If you left Lester & Rosalie Anixter Center before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$73,419 · 0.91%
2023$51,409 · 0.72%
2022$81,136 · 1.11%
All plans at this employer2
ANIXTER CENTER INCENTIVE SAVINGS PLAN401(k)
THE CENTER BARGAINNING UNIT RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Ocular Partners Mso, Inc. IL$8.5M · 0.31%
Magna Health Systems, LLC IL$8.2M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362244895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.