Plan Ledger DOL Form 5500 · updated monthly

Millennium Information Services, Inc.401(k)

MILLENNIUM INFORMATION SERVICES, INC. PROFIT SHARING PLAN · ITASCA, 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

Millennium Information Services, Inc. reported $11,367 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,584 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 0.02% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Illinois (2,281st of 3,702), and 1,427th of 2,199 in information & media. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,302,210
Participants with balances203
Active participants167
Employer contributions$264,517
Employee contributions$528,160
Employer contribution per active participant$1,584
Average account balance$55,676
Benefits paid to participants$1,905,164
Plan auditUnmodified (clean) audit opinion
AuditorDHJJ LTD
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$11.3M · 203 accts · $265K emplr
2023$10.9M · 208 accts · $267K emplr
2022$9.4M · 196 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,801
Total administrative$11,367
The Millennium Information Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,584
Median for plans this size$2,416
2024$1,584 per active participant
2023$1,511 per active participant
2022$1,420 per active participant

Millennium Information Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history4
2025Not separately reported
2024$11,367 · 0.10%
2023$2,425 · 0.02%
2022$2,275 · 0.02%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 363784384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.