Plan Ledger DOL Form 5500 · updated monthly

Mario Tricoci Hair Salon and Day Spas, LLC401(k)

MARIO TRICOCI 401(K) SAVINGS PLAN · PALATINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Mario Tricoci Hair Salon and Day Spas, LLC reported $179,595 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $258 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 3 years on file its reported administrative ratio has held roughly steady near 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 853rd-largest of 3,702 plans among Illinois employers on file, and the 400th of 3,341 in other services. In 2024, employees put in $10.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,754,871
Participants with balances599
Active participants990
Employer contributions$255,881
Employee contributions$2,792,597
Employer contribution per active participant$258
Average account balance$91,410
Benefits paid to participants$2,999,413
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$54.8M · 599 accts · $256K emplr
2023$47.4M · 600 accts · $224K emplr
2022$38.1M · 615 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,780
Investment management$48,815
Total administrative$179,595
The Mario Tricoci Hair Salon and Day Spas, LLC 401(k) match · 2024
Employer contribution per active participant$258
Median for plans this size$3,635
2024$258 per active participant
2023$217 per active participant
2022$201 per active participant

Mario Tricoci Hair Salon and Day Spas, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$131,899
KAVAR CAPITAL PARTNERS · Investment advisory (plan)$47,696

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$179,595 · 0.35%
2023$151,339 · 0.35%
2022$156,985 · 0.37%
Similar plansOther Services · Illinois
Aarete, Inc. IL$55.0M
Planet Equity Group, LLC IL$53.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824345506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.