Plan Ledger DOL Form 5500 · updated monthly

Little City FoundationDC plan

EMPLOYEE BENEFIT PLAN OF LITTLE CITY FOUNDATION · INVERNESS, IL · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Little City Foundation reported $2,326 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $594 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 0.03% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (1,958th of 3,702), and the 4,375th of 11,911 in health care & social assistance. In 2023, employees put in $2.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,558,582
Participants with balances492
Active participants550
Employer contributions$326,692
Employee contributions$962,061
Employer contribution per active participant$594
Average account balance$31,623
Benefits paid to participants$575,069
Plan auditUnmodified (clean) audit opinion
AuditorDUGAN & LOPATKA CPAS'S
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 423 accts · $396K emplr
2023$15.6M · 492 accts · $327K emplr
2022$12.7M · 466 accts · $308K emplr
Employer contributions to the Little City Foundation plan · 2023
Employer contribution per active participant$594
Median for plans this size$2,440
2024$850 per active participant
2023$594 per active participant
2022$607 per active participant

Little City Foundation'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 · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,326

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

Recordkeeper by year2
2024The Standard
2023Mutual of America

This plan has changed recordkeepers within these filings. If you left Little City Foundation 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$33,660 · 0.22%
2023$2,326 · 0.02%
2022$4,570 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Esperanza Health Centers IL$16.4M · 0.22%
Search, Inc. IL$15.3M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362434562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.