NORTHERN ILLINOIS ANNUITY FUND · MERCER ISLAND, WA · plan year 2024
Reported admin expense ratio · 2024
0.74%
Peer grade: C· admin costs + employer contributions vs same-size plans · how grading works
Northern Illinois Annuity Fund reported $1,124,106 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,376 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 0.51% to 0.74%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 121st-largest of 1,714 plans among Washington employers on file, and the 112th of 3,341 in other services.
Plan summary
Net assets, end of year$160,174,987
Participants with balances7,405
Active participants7,405
Employer contributions$17,590,767
Employee contributions—
Employer contribution per active participant$2,376
Employer contributions to the Northern Illinois Annuity Fund plan · 2024
Employer contribution per active participant$2,376
Median for plans this size$3,635
2024$2,376 per active participant
2023$2,438 per active participant
2022$2,168 per active participant
Northern Illinois Annuity Fund's 2024 employer contribution ran below the $3,635 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 · 202410
HUSCH BLACKWELL · Legal$515,188
WELFARE AND PENSION ADMINISTRATION · Contract administrator$179,201
Source: U.S. Department of Labor, Form 5500 series, EIN 363449836 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.