Plan Ledger DOL Form 5500 · updated monthly

Monroe Capital LLC401(k)

MONROE CAPITAL LLC 401(K) PROFIT SHARING PLAN AND TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Monroe Capital LLC reported $113,050 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $6,844 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 0.37% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,067th-largest of 3,702 plans among Illinois employers on file, and the 528th of 3,341 in other services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 199 to 242 since 2022.

Plan summary
Net assets, end of year$41,392,698
Participants with balances259
Active participants242
Employer contributions$1,656,310
Employee contributions$3,638,588
Employer contribution per active participant$6,844
Average account balance$159,817
Benefits paid to participants$1,267,581
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$41.4M · 259 accts · $1.7M emplr
2023$30.9M · 231 accts · $1.4M emplr
2022$22.5M · 211 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,050
Total administrative$113,050
The Monroe Capital LLC 401(k) match · 2024
Employer contribution per active participant$6,844
Median for plans this size$2,416
2024$6,844 per active participant
2023$6,755 per active participant
2022$5,408 per active participant

Monroe Capital LLC's 2024 employer contribution ran above the $2,416 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
SAGEVIEW ADVISORY GROUP, LLCindirect comp
ASCENSUS C/O FUTUREPLAN · Other servicesindirect 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$113,050 · 0.31%
2023$93,338 · 0.35%
2022$85,638 · 0.37%
Same employer
Similar plansOther Services · Illinois
Erie Family Health Center IL$41.6M · 0.51%
Ache IL$36.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 201790541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.