Plan Ledger DOL Form 5500 · updated monthly

Pls Financial Services, Inc.401(k)

PLS FINANCIAL SERVICES, INC. 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Pls Financial Services, Inc. reported $110,583 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $774 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 0.32% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,170th-largest of 3,702 plans among Illinois employers on file, and the 2,141st of 4,798 in finance & insurance. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,746,600
Participants with balances700
Active participants1,773
Employer contributions$1,371,518
Employee contributions$2,676,356
Employer contribution per active participant$774
Average account balance$51,067
Benefits paid to participants$2,468,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.7M · 700 accts · $1.4M emplr
2023$29.4M · 641 accts · $1.3M emplr
2022$23.1M · 615 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,583
Total administrative$110,583
The Pls Financial Services, Inc. 401(k) match · 2024
Employer contribution per active participant$774
Median for plans this size$2,416
2024$774 per active participant
2023$789 per active participant
2022$734 per active participant

Pls Financial Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$110,583

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$110,583 · 0.34%
2023$88,801 · 0.34%
2022$78,860 · 0.32%
Same employer
Similar plansFinance & Insurance · Illinois
Akuna Capital LLC IL$38.3M · 0.36%
Bank of Springfield IL$38.2M · 0.28%
Blackhawk Bank & Trust IL$35.4M · 0.25%
Old Second National Bank IL$34.4M · 0.71%
Royal Neighbors of America IL$34.3M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364179718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.