Plan Ledger DOL Form 5500 · updated monthly

Revenue Well Systems, LLC401(k)

REVENUE WELL SYSTEMS 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Revenue Well Systems, LLC reported $63,629 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,584 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 0.45% to 0.49%. 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 among the smaller plans on file in Illinois (2,136th of 3,702), and 7,078th of 11,654 in professional & technical services. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has shrunk from 186 to 150 since 2022.

Plan summary
Net assets, end of year$13,044,119
Participants with balances248
Active participants150
Employer contributions$387,530
Employee contributions$1,211,322
Employer contribution per active participant$2,584
Average account balance$52,597
Benefits paid to participants$3,617,175
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 248 accts · $388K emplr
2023$13.0M · 267 accts · $484K emplr
2022$10.8M · 285 accts · $946K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,629
Total administrative$63,629
The Revenue Well Systems, LLC 401(k) match · 2024
Employer contribution per active participant$2,584
Median for plans this size$2,416
2024$2,584 per active participant
2023$2,914 per active participant
2022$5,084 per active participant

Revenue Well Systems, LLC's 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$63,628
MERRILL LYNCH · Pension consulting · Investment advisory (plan)indirect comp

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$63,629 · 0.49%
2023$51,778 · 0.43%
2022$51,400 · 0.45%
Same employer
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Network Data Systems, Inc. IL$13.4M · 0.04%
Vibes Media, LLC IL$13.3M · 0.30%
555 International Inc. IL$13.1M · 0.46%
D'Escoto, Inc. IL$13.1M · 0.52%
Walker Sands, LLC IL$13.0M · 0.32%
Schafer Condon Carter, Inc. IL$12.8M · 0.31%
Curion, LLC IL$12.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843893164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.