Plan Ledger DOL Form 5500 · updated monthly

Schafer Condon Carter, Inc.401(k)

SCC 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Schafer Condon Carter, Inc. reported $37,898 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $4,433 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 0.39% to 0.31%. 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 (2,148th of 3,702), and 7,161st of 11,654 in professional & technical services. In 2024, employees put in $2.63 for every $1.00 the employer contributed; active participation has shrunk from 66 to 59 since 2022.

Plan summary
Net assets, end of year$12,766,804
Participants with balances115
Active participants59
Employer contributions$261,546
Employee contributions$688,454
Employer contribution per active participant$4,433
Average account balance$111,016
Benefits paid to participants$1,066,937
Plan auditUnmodified (clean) audit opinion
AuditorCJBS, INC
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 115 accts · $262K emplr
2023$11.4M · 125 accts · $297K emplr
2022$8.6M · 139 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,254
Investment management$20,644
Total administrative$37,898
The Schafer Condon Carter, Inc. 401(k) match · 2024
Employer contribution per active participant$4,433
Median for plans this size$2,416
2024$4,433 per active participant
2023$5,031 per active participant
2022$4,406 per active participant

Schafer Condon Carter, 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
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$20,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,254

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$37,898 · 0.31%
2023$35,674 · 0.36%
2022$37,138 · 0.39%
Similar plansProfessional & Technical Services · Illinois
D'Escoto, Inc. IL$13.1M · 0.52%
Revenue Well Systems, LLC IL$13.0M · 0.49%
Walker Sands, LLC IL$13.0M · 0.32%
Curion, LLC IL$12.6M · 0.76%
Cgn and Associates, Inc. IL$12.5M · 0.03%
8TH Light Holdings, Inc. IL$12.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363670827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.