Plan Ledger DOL Form 5500 · updated monthly

Providence Management Company, LLC401(k)

PROVIDENCE MANAGEMENT COMPANY, LLC RETIREMENT PLAN · WILMETTE, IL · plan year 2025

Reported admin expense ratio · 2025
0.56%

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

Providence Management Company, LLC reported $28,126 in plan administrative expenses for 2025: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,986 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 rose from 0.33% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (2,912th of 3,702), and 1,475th of 2,096 in real estate & leasing. In 2025, employees put in $3.51 for every $1.00 the employer contributed; active participation has shrunk from 94 to 55 since 2022.

Plan summary
Net assets, end of year$5,366,445
Participants with balances119
Active participants55
Employer contributions$109,249
Employee contributions$383,590
Employer contribution per active participant$1,986
Average account balance$45,096
Benefits paid to participants$596,857
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$5.4M · 119 accts · $109K emplr
2024$4.6M · 125 accts · $119K emplr
2023$3.8M · 102 accts · $125K emplr
2022$3.4M · 142 accts · $58K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$12,351
Investment management$12,375
Total administrative$28,126
The Providence Management Company, LLC 401(k) match · 2025
Employer contribution per active participant$1,986
Median for plans this size$1,464
2025$1,986 per active participant
2024$1,696 per active participant
2023$1,475 per active participant
2022$614 per active participant

Providence Management Company, LLC's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
JOHN HANCOCK USA · Recordkeeping · Investment management$1,678
GLOBAL RETIREMENT PARTNERS · Investment advisory (participants)$12,375

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

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

Administrative cost history4
2025$28,126 · 0.56%
2024$24,844 · 0.59%
2023$29,624 · 0.82%
2022$11,145 · 0.33%
Same employer
Similar plansReal Estate & Leasing · Illinois
Cunat Payroll, Inc. IL$6.7M · 0.58%
Lakeshore Employment Inc IL$5.2M · 1.30%
Rentalmax, LLC IL$4.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364334227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.