Plan Ledger DOL Form 5500 · updated monthly

R.M. Chin & Associates, Inc401(k)

R.M. CHIN & ASSOCIATES, INC. PROFIT SHARING/ 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

R.M. Chin & Associates, Inc reported $10,242 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,948 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.

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 1,640th-largest of 3,702 plans among Illinois employers on file, and the 5,320th of 11,654 in professional & technical services. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,296,219
Participants with balances141
Active participants119
Employer contributions$707,838
Employee contributions$1,238,825
Employer contribution per active participant$5,948
Average account balance$151,037
Benefits paid to participants$259,085
Plan auditUnmodified (clean) audit opinion
AuditorWEISS AND COMPANY LLP
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,125
Investment management$9,117
Total administrative$10,242
The R.M. Chin & Associates, Inc 401(k) match · 2024
Employer contribution per active participant$5,948
Median for plans this size$2,416

R.M. Chin & Associates, 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,117
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,125

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

Administrative cost history1
2024$10,242 · 0.05%
Similar plansProfessional & Technical Services · Illinois
Rms Lifeline Inc IL$21.8M · 0.30%
Elgron, Inc. IL$21.7M · 0.18%
INSPIRE11 LLC IL$21.6M · 0.09%
Accertify, Inc. IL$21.2M · 0.09%
Edgar a. Weber & Company IL$21.1M · 1.16%
Serrala US Corporation IL$20.9M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363631821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.