Plan Ledger DOL Form 5500 · updated monthly

S.E.A.L. of Illinois401(k)

S.E.A.L. OF ILLINOIS 401(K) SAVINGS PLAN · LOMBARD, IL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

S.E.A.L. of Illinois reported $3,096 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,047 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 0.05% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Illinois (2,910th of 3,702), and 2,482nd of 3,091 in educational services. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 166 to 205 since 2022.

Plan summary
Net assets, end of year$5,383,786
Participants with balances191
Active participants205
Employer contributions$214,539
Employee contributions$361,563
Employer contribution per active participant$1,047
Average account balance$28,187
Benefits paid to participants$362,739
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 191 accts · $215K emplr
2023$4.5M · 181 accts · $192K emplr
2022$3.6M · 172 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,096
Total administrative$3,096
The S.E.A.L. of Illinois 401(k) match · 2024
Employer contribution per active participant$1,047
Median for plans this size$1,313
2024$1,047 per active participant
2023$1,151 per active participant
2022$1,142 per active participant

S.E.A.L. of Illinois's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$3,096 · 0.06%
2023$2,695 · 0.07%
2022$2,095 · 0.05%
Similar plansEducational Services · Illinois
Depaul College Prep IL$5.9M · 0.01%
Sertoma Centre Inc. IL$5.8M · 0.69%
Kipp Chicago Schools IL$5.5M · 0.03%
Brookside Partners, LLC IL$5.4M · 0.04%
Concept Schools Nfp IL$5.1M · 0.37%
Intrinsic Schools IL$4.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270076972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.