Plan Ledger DOL Form 5500 · updated monthly

Marshall, Gerstein & Borun LLP401(k)

MARSHALL, GERSTEIN & BORUN LLP SALARY SAVINGS & PROFIT SHARING PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Marshall, Gerstein & Borun LLP reported $107,495 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $15,878 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 0.073%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 394th-largest of 3,702 plans among Illinois employers on file, and the 983rd of 11,654 in professional & technical services. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has grown from 167 to 186 since 2022.

Plan summary
Net assets, end of year$160,132,781
Participants with balances254
Active participants186
Employer contributions$2,953,386
Employee contributions$2,776,554
Employer contribution per active participant$15,878
Average account balance$630,444
Benefits paid to participants$2,706,970
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE AND MORAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$160.1M · 254 accts · $3.0M emplr
2023$134.0M · 238 accts · $2.7M emplr
2022$113.4M · 248 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,299
Investment management$41,192
Total administrative$107,495
The Marshall, Gerstein & Borun LLP 401(k) match · 2024
Employer contribution per active participant$15,878
Median for plans this size$3,635
2024$15,878 per active participant
2023$16,075 per active participant
2022$15,336 per active participant

Marshall, Gerstein & Borun LLP'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,299
CERITY PARTNERS RETIREMENT PLAN · Investment advisory (plan)$38,676
CIBC PRIVATE WEALTH ADVISERS INC · Investment management$21,003

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$107,495 · 0.07%
2023$84,162 · 0.07%
2022$92,899 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Illinois
Neal, Gerber & Eisenberg LLP IL$182.9M · 0.09%
Ahead, Inc. IL$176.3M · 0.35%
Relativity Oda LLC IL$165.8M · 0.01%
Institute of Gas Technology IL$156.0M · 0.06%
H.W. Lochner, Inc. IL$151.1M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 362353598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.