Plan Ledger DOL Form 5500 · updated monthly

Perkins&Will, Inc.401(k)

PERKINS&WILL, INC. RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Perkins&Will, Inc. reported $325,000 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,395 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 3 years on file its reported administrative ratio has held roughly steady near 0.083%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 183rd-largest of 3,702 plans among Illinois employers on file, and the 425th of 11,654 in professional & technical services. In 2024, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$414,365,306
Participants with balances2,995
Active participants1,817
Employer contributions$7,985,962
Employee contributions$21,368,423
Employer contribution per active participant$4,395
Average account balance$138,352
Benefits paid to participants$34,453,594
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$414.4M · 2,995 accts · $8.0M emplr
2023$365.9M · 3,035 accts · $6.3M emplr
2022$298.1M · 2,940 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$196,284
Investment management$128,716
Total administrative$325,000
The Perkins&Will, Inc. 401(k) match · 2024
Employer contribution per active participant$4,395
Median for plans this size$4,294
2024$4,395 per active participant
2023$3,369 per active participant
2022$2,212 per active participant

Perkins&Will, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20247
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$225,378
FISHER INVESTMENTS · Investment advisory (participants)$51,222
DYNAMIC WEALTH ADVISORS · Investment advisory (participants)$15,976
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$13,014
PRIVATE OCEAN · Investment advisory (participants)$9,308
STEELPEAK WEALTH LLC · Investment advisory (participants)$6,747
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,555

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$325,000 · 0.08%
2023$288,550 · 0.09%
2022$266,598 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Illinois
Vedder Price, P.C. IL$520.5M · 0.03%
Here North America, LLC IL$466.2M · 0.05%
Paylocity Corporation IL$438.1M · 0.13%
Imeg Consultants Corp. IL$380.2M · 0.09%
Convergint Technologies, LLC IL$376.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362690384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.