Plan Ledger DOL Form 5500 · updated monthly

PEAK6 Insurtech Services LLC401(k)

PEAK6 INSURTECH SERVICES 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

PEAK6 Insurtech Services LLC reported $75,370 in plan administrative expenses for 2022: 0.33% of average plan assets, above the peer median. Employer contributions averaged $770 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 0.33% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,530th-largest of 3,702 plans among Illinois employers on file, and 2,767th of 4,798 in finance & insurance. In 2022, employees put in $6.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,923,284
Participants with balances776
Active participants704
Employer contributions$541,782
Employee contributions$3,253,754
Employer contribution per active participant$770
Average account balance$30,829
Benefits paid to participants$3,853,405
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 458 accts · $585K emplr
2023$15.6M · 517 accts · $1.1M emplr
2022$23.9M · 776 accts · $542K emplr
Administrative expenses, itemized · 2022
Investment management$11,624
Total administrative$75,370
The PEAK6 Insurtech Services LLC 401(k) match · 2022
Employer contribution per active participant$770
Median for plans this size$2,266
2024$1,456 per active participant
2023$2,272 per active participant
2022$770 per active participant

PEAK6 Insurtech Services LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$29,027 · 0.19%
2023$39,955 · 0.20%
2022$75,370 · 0.33%
Same employer
Similar plansFinance & Insurance · Illinois
Payroc Worldaccess, LLC IL$25.1M · 0.25%
Providence Bank & Trust IL$25.1M · 0.20%
Resource Bank, N.A. IL$23.9M · 0.31%
Great Lakes Credit Union IL$23.3M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871968383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.