Plan Ledger DOL Form 5500 · updated monthly

Riley Safer Holmes & Cancila LLP401(k)

RILEY SAFER HOLMES & CANCILA RETIREMENT PLAN · CHICAGO, 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

Riley Safer Holmes & Cancila LLP reported $4,145 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,888 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 0.008% to 0.012%. 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 1,069th-largest of 3,702 plans among Illinois employers on file, and the 3,218th of 11,654 in professional & technical services. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 99 to 122 since 2022.

Plan summary
Net assets, end of year$41,325,660
Participants with balances156
Active participants122
Employer contributions$1,206,396
Employee contributions$1,363,403
Employer contribution per active participant$9,888
Average account balance$264,908
Benefits paid to participants$3,549,147
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.3M · 156 accts · $1.2M emplr
2023$30.1M · 159 accts · $1.3M emplr
2022$25.2M · 137 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,145
Total administrative$4,145
The Riley Safer Holmes & Cancila LLP 401(k) match · 2024
Employer contribution per active participant$9,888
Median for plans this size$2,416
2024$9,888 per active participant
2023$10,886 per active participant
2022$12,061 per active participant

Riley Safer Holmes & Cancila LLP'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 · 20241

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$4,145 · 0.01%
2023$2,940 · 0.01%
2022$1,975 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Illinois
Freedom Solutions Group LLC IL$42.7M · 0.33%
Primera Engineers, LTD IL$41.8M · 0.27%
Harrison LLP IL$41.7M · 0.18%
Patrick Engineering, Inc. IL$40.8M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 811258466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.