Plan Ledger DOL Form 5500 · updated monthly

Macon Resources Inc403(b)

MACON RESOURCES INC RETIREMENT SAVINGS PLAN · DECATUR, IL · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Macon Resources Inc reported $40,639 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,123 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 0.64% to 0.95%. 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 (3,009th of 3,702), and 8,206th of 11,911 in health care & social assistance. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 172 to 199 since 2022.

Plan summary
Net assets, end of year$4,521,657
Participants with balances212
Active participants199
Employer contributions$223,410
Employee contributions$253,278
Employer contribution per active participant$1,123
Average account balance$21,329
Benefits paid to participants$560,033
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 212 accts · $223K emplr
2023$4.0M · 174 accts · $219K emplr
2022$4.3M · 179 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,639
Total administrative$40,639
Employer contributions to the Macon Resources Inc plan · 2024
Employer contribution per active participant$1,123
Median for plans this size$1,313
2024$1,123 per active participant
2023$1,057 per active participant
2022$1,290 per active participant

Macon Resources Inc's 2024 employer contribution ran below the $1,313 median for plans its size. 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
FUTUREPLAN BY ASCENSUS-BPC · Contract administrator$13,828
INVESTMENT PLANNERS INCindirect 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$40,639 · 0.95%
2023$28,849 · 0.69%
2022$30,375 · 0.64%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Bridgeway, Inc. IL$4.6M · 1.37%
The Josselyn Center, Nfp IL$4.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371224992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.