Plan Ledger DOL Form 5500 · updated monthly

Loop Capital Markets, LLC401(k)

LOOP CAPITAL MARKETS, LLC 401(K) PLAN & TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Loop Capital Markets, LLC reported $117,583 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $5,661 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 0.26% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 885th-largest of 3,702 plans among Illinois employers on file, and the 1,618th of 4,798 in finance & insurance. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,829,603
Participants with balances337
Active participants248
Employer contributions$1,403,859
Employee contributions$4,020,156
Employer contribution per active participant$5,661
Average account balance$153,797
Benefits paid to participants$3,210,704
Plan auditUnmodified (clean) audit opinion
AuditorMITCHELL & TITUS
Plan history3
Yearassets · accounts · employer contribution
2024$51.8M · 337 accts · $1.4M emplr
2023$42.4M · 340 accts · $1.2M emplr
2022$33.5M · 326 accts · $891K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,755
Investment management$8,428
Total administrative$117,583
The Loop Capital Markets, LLC 401(k) match · 2024
Employer contribution per active participant$5,661
Median for plans this size$2,416
2024$5,661 per active participant
2023$4,596 per active participant
2022$3,289 per active participant

Loop Capital Markets, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$111,341
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$5,239
MESIROW FINANCIAL, INC.indirect comp
CREATIVE PLANNING HOLD CO, LLCindirect comp

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$117,583 · 0.25%
2023$99,311 · 0.26%
2022$92,683 · 0.26%
Same employer
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First Bank Chicago IL$50.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364164012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.