Plan Ledger DOL Form 5500 · updated monthly

Madison Dearborn Partners LLC401(k)

MADISON DEARBORN PARTNERS LLC SAVINGS INCENTIVE PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Madison Dearborn Partners LLC reported $113,692 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $39,095 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 0.13% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 582nd-largest of 3,702 plans among Illinois employers on file, and the 1,011th of 4,798 in finance & insurance. In 2024, the employer put in $1.97 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$98,787,786
Participants with balances185
Active participants97
Employer contributions$3,792,242
Employee contributions$1,924,149
Employer contribution per active participant$39,095
Average account balance$533,988
Benefits paid to participants$12,854,984
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$98.8M · 185 accts · $3.8M emplr
2023$93.1M · 187 accts · $1.5M emplr
2022$74.8M · 171 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,656
Investment management$71,036
Total administrative$113,692
The Madison Dearborn Partners LLC 401(k) match · 2024
Employer contribution per active participant$39,095
Median for plans this size$3,635
2024$39,095 per active participant
2023$15,565 per active participant
2022$29,526 per active participant

Madison Dearborn Partners LLC's 2024 employer contribution ran above the $3,635 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$46,358
FAIRCOURT PARTNERS LLC · Investment management$67,334

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$113,692 · 0.12%
2023$94,528 · 0.11%
2022$100,471 · 0.13%
Similar plansFinance & Insurance · Illinois
PEAK6 Investments LLC IL$101.2M · 0.02%
Captive Resources, LLC IL$98.9M · 0.25%
Advance Trading, Inc. IL$98.3M · 0.14%
Hbt Financial, Inc. IL$95.0M · 0.14%
Carrollton Bank IL$94.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364264559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.