Plan Ledger DOL Form 5500 · updated monthly

Lutheran Child and Family Services of IllinoisDC plan

403(B) THRIFT PLAN OF LUTHERAN CHILD AND FAMILY SERVICES OF ILLINOIS · OAKBROOK TERRACE, IL · plan year 2024

Reported admin expense ratio · 2024
1.14%

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

Lutheran Child and Family Services of Illinois reported $134,202 in plan administrative expenses for 2024: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $665 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 1.08% to 1.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,147th of 3,702), and the 4,948th of 11,911 in health care & social assistance. In 2024, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,830,739
Participants with balances884
Active participants466
Employer contributions$309,856
Employee contributions$1,141,296
Employer contribution per active participant$665
Average account balance$14,514
Benefits paid to participants$974,798
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 884 accts · $310K emplr
2023$10.7M · 834 accts · $278K emplr
2022$8.9M · 694 accts · $163K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,515
Investment management$28,112
Audit (IQPA)$25,500
Total administrative$134,202
Employer contributions to the Lutheran Child and Family Services of Illinois plan · 2024
Employer contribution per active participant$665
Median for plans this size$2,416
2024$665 per active participant
2023$624 per active participant
2022$379 per active participant

Lutheran Child and Family Services of Illinois's 2024 employer contribution ran below the $2,416 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 · 20246
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$58,037
MUTUAL OF AMERICA · Claims processing · Recordkeeping$75
SMITH & HOWARD PC · Accounting / audit$25,500
MORGAN STANLEY SMITH BARNEY HOLDING · Investment advisory (plan)$22,488
ADMIN. GROUP, LLC DBA TAG RESOURCES · Investment advisory (plan)$22,478
TWO WEST CAPITAL ADVISORS LLC · Investment advisory (plan)$5,624

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

Recordkeeper by year2
2024Mutual of America, Transamerica
2023Mutual of America, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$134,202 · 1.14%
2023$87,425 · 0.89%
2022$88,821 · 1.08%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Tapestry 360 Health IL$13.0M · 0.03%
Kaskaskia Workshop, Inc. IL$12.5M · 0.50%
Lancaster LTD IL$12.4M · 0.15%
Edp of Illinois PC IL$12.4M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.