Plan Ledger DOL Form 5500 · updated monthly

Marquette Bank401(k)

MARQUETTE BANK EMPLOYEE SAVINGS & RETIREMENT PLAN · ORLAND PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Marquette Bank reported $46,377 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,009 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 0.11% to 0.10%. 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 895th-largest of 3,702 plans among Illinois employers on file, and the 1,637th of 4,798 in finance & insurance. In 2024, employees put in $4.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,135,236
Participants with balances334
Active participants354
Employer contributions$357,149
Employee contributions$1,437,296
Employer contribution per active participant$1,009
Average account balance$153,100
Benefits paid to participants$2,558,118
Plan auditUnmodified (clean) audit opinion
AuditorPORTE BROWN ACCOUNTANTS & ADVIS
Plan history3
Yearassets · accounts · employer contribution
2024$51.1M · 334 accts · $357K emplr
2023$45.3M · 337 accts · $339K emplr
2022$39.4M · 345 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,377
Total administrative$46,377
The Marquette Bank 401(k) match · 2024
Employer contribution per active participant$1,009
Median for plans this size$2,416
2024$1,009 per active participant
2023$1,009 per active participant
2022$990 per active participant

Marquette Bank'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$1,928
RICHARD,,RUSCITTIindirect 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$46,377 · 0.10%
2023$45,501 · 0.11%
2022$49,782 · 0.11%
All plans at this employer2
MARQUETTE BANK EMPLOYEE SAVINGS & RETIREMENT PLAN401(k)
MARQUETTE BANK EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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First Bank Chicago IL$50.5M · 0.01%
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Vericity Holdings, Inc. IL$50.1M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362031498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.