Plan Ledger DOL Form 5500 · updated monthly

Little Friends, Inc.401(k)

LITTLE FRIENDS, INC. PROFIT SHARING PLAN · WARRENVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
1.11%

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

Little Friends, Inc. reported $41,664 in plan administrative expenses for 2024: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $222 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 fell from 1.21% to 1.11%. 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 (3,061st of 3,702), and 8,410th of 11,911 in health care & social assistance. In 2024, employees put in $8.83 for every $1.00 the employer contributed; active participation has grown from 278 to 331 since 2022.

Plan summary
Net assets, end of year$4,209,836
Participants with balances405
Active participants331
Employer contributions$73,351
Employee contributions$647,349
Employer contribution per active participant$222
Average account balance$10,395
Benefits paid to participants$356,920
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 405 accts · $73K emplr
2023$3.3M · 291 accts · $63K emplr
2022$2.7M · 291 accts · $26K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,779
Investment management$12,885
Total administrative$41,664
The Little Friends, Inc. 401(k) match · 2024
Employer contribution per active participant$222
Median for plans this size$1,313
2024$222 per active participant
2023$273 per active participant
2022$93 per active participant

Little Friends, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
WINTRUST INVESTMENTS LLC · Investment advisory (plan)$6,588
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$6,297

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$41,664 · 1.11%
2023$37,541 · 1.25%
2022$34,544 · 1.21%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Cardiac Imaging, Inc. IL$4.3M · 0.66%
Community Link, Inc. IL$4.2M · 0.17%
Friendship Manor Inc. IL$4.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362698644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.