Plan Ledger DOL Form 5500 · updated monthly

Sargent & Lundy401(k)

SARGENT & LUNDY SAVINGS INVESTMENT 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

Sargent & Lundy reported $122,511 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,128 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 fell from 0.05% to 0.01%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 80th-largest of 3,702 plans among Illinois employers on file, and the 149th of 11,654 in professional & technical services. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 2,527 to 3,311 since 2022.

Plan summary
Net assets, end of year$1,246,960,406
Participants with balances5,016
Active participants3,311
Employer contributions$20,290,616
Employee contributions$43,406,304
Employer contribution per active participant$6,128
Average account balance$248,597
Benefits paid to participants$96,351,838
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.2B · 5,016 accts · $20.3M emplr
2023$1.1B · 4,630 accts · $17.1M emplr
2022$950.2M · 4,183 accts · $14.3M emplr
Administrative expenses, itemized · 2024
Investment management$564,006
Total administrative$122,511
The Sargent & Lundy 401(k) match · 2024
Employer contribution per active participant$6,128
Median for plans this size$5,259
2024$6,128 per active participant
2023$5,898 per active participant
2022$5,669 per active participant

Sargent & Lundy's 2024 employer contribution ran above the $5,259 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$282,027
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$122,511 · 0.01%
2023$288,780 · 0.03%
2022$506,533 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Illinois
Winston & Strawn LLP IL$1.3B · 0.03%
Mayer Brown LLP IL$1.2B · 0.04%
Dentons US LLP IL$998.8M · 0.09%
Seyfarth Shaw LLP IL$925.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361729848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.