Plan Ledger DOL Form 5500 · updated monthly

Millennium Trust Company, LLC401(k)

MILLENNIUM TRUST COMPANY, LLC 401(K) PLAN · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Millennium Trust Company, LLC reported $182,290 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,933 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 0.25% to 0.19%. 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 510th-largest of 3,702 plans among Illinois employers on file, and the 912th of 4,798 in finance & insurance. In 2024, employees put in $3.20 for every $1.00 the employer contributed; active participation has grown from 1,016 to 1,669 since 2022.

Plan summary
Net assets, end of year$113,142,421
Participants with balances1,674
Active participants1,669
Employer contributions$3,226,803
Employee contributions$10,309,758
Employer contribution per active participant$1,933
Average account balance$67,588
Benefits paid to participants$12,274,562
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$113.1M · 1,674 accts · $3.2M emplr
2023$81.9M · 1,289 accts · $2.4M emplr
2022$64.9M · 1,101 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,290
Investment management$45,000
Total administrative$182,290
The Millennium Trust Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,933
Median for plans this size$3,635
2024$1,933 per active participant
2023$1,913 per active participant
2022$1,479 per active participant

Millennium Trust Company, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$137,735
WINTRUST INVESTMENTS LLC · Investment advisory (plan)$41,250

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$182,290 · 0.19%
2023$163,414 · 0.22%
2022$114,750 · 0.25%
Same employer
Similar plansFinance & Insurance · Illinois
Ccmsi Holdings, Inc. IL$118.6M · 0.12%
Safeway Insurance Company IL$118.5M · 0.07%
Hilco Trading, LLC IL$114.4M · 0.08%
Pt Financial Holdings, Inc. IL$108.3M · 0.05%
B. C. Ziegler and Company IL$107.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364400066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.