Plan Ledger DOL Form 5500 · updated monthly

Roanoke Group Inc.401(k)

ROANOKE GROUP INC. RETIREMENT SAVINGS PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Roanoke Group Inc. reported $50,315 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,959 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 has held roughly steady near 0.102%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 907th-largest of 3,702 plans among Illinois employers on file, and the 1,652nd of 4,798 in finance & insurance. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 257 to 289 since 2022.

Plan summary
Net assets, end of year$50,524,503
Participants with balances351
Active participants289
Employer contributions$1,433,231
Employee contributions$2,595,523
Employer contribution per active participant$4,959
Average account balance$143,944
Benefits paid to participants$8,341,484
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$50.5M · 351 accts · $1.4M emplr
2023$48.3M · 340 accts · $1.3M emplr
2022$42.7M · 315 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,975
Investment management$47,340
Total administrative$50,315
The Roanoke Group Inc. 401(k) match · 2024
Employer contribution per active participant$4,959
Median for plans this size$2,416
2024$4,959 per active participant
2023$4,667 per active participant
2022$4,145 per active participant

Roanoke Group 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
MESIROW FINANCIAL · Investment advisory (plan)$47,340
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,975

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$50,315 · 0.10%
2023$47,083 · 0.10%
2022$47,009 · 0.10%
Same employer
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First Bank Chicago IL$50.5M · 0.01%
Ariel Investments, LLC IL$50.4M · 0.00%
Vericity Holdings, Inc. IL$50.1M · 0.25%
Insperex Holdings LLC IL$50.0M · 0.08%
Pma Financial Network, LLC IL$49.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364108247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.