Plan Ledger DOL Form 5500 · updated monthly

Prairie State Legal Services Inc.403(b)

PRAIRIE STATE LEGAL SERVICES INC. 403B RETIREMENT PLAN · ROCKFORD, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Prairie State Legal Services Inc. reported $1,580 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,752 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 0.005% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,497th-largest of 3,702 plans among Illinois employers on file, and the 4,800th of 11,654 in professional & technical services. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$24,736,602
Participants with balances266
Active participants203
Employer contributions$1,167,572
Employee contributions$904,749
Employer contribution per active participant$5,752
Average account balance$92,995
Benefits paid to participants$1,251,588
Plan auditUnmodified (clean) audit opinion
AuditorSVA CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$24.7M · 266 accts · $1.2M emplr
2023$21.4M · 247 accts · $1.1M emplr
2022$18.4M · 249 accts · $958K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,580
Total administrative$1,580
Employer contributions to the Prairie State Legal Services Inc. plan · 2024
Employer contribution per active participant$5,752
Median for plans this size$2,416
2024$5,752 per active participant
2023$5,320 per active participant
2022$4,812 per active participant

Prairie State Legal Services Inc.'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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,580
GALLAGHER BENEFIT SERVICES · Investment managementindirect comp
SVA CERTIFIED PUBLIC ACCOUNTANTS · Accounting / auditindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$1,580 · 0.01%
2023$1,448 · 0.01%
2022$1,040 · 0.01%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 371030764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.