Plan Ledger DOL Form 5500 · updated monthly

Semersky Enterprises401(k)

SEMERSKY ENTERPRISES 401(K) PLAN · HIGHLAND PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Semersky Enterprises reported $54,016 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Illinois (2,207th of 3,702), and the 2,241st of 5,215 in retail trade. active participation has grown from 349 to 413 since 2022.

Plan summary
Net assets, end of year$12,218,920
Participants with balances149
Active participants413
Employer contributions$0
Employee contributions$1,374,534
Employer contribution per active participant$0
Average account balance$82,006
Benefits paid to participants$1,158,555
Plan auditUnmodified (clean) audit opinion
AuditorGIMBEL ABRAMS & SINGER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 149 accts
2023$10.5M · 134 accts
2022$8.1M · 122 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,671
Investment management$27,345
Total administrative$54,016
The Semersky Enterprises 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Semersky Enterprises's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$27,345
FIDELITY INVESTMENTS INS. OPER. COM · Loan processing$27,089

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$54,016 · 0.48%
2023$46,582 · 0.50%
2022$40,006 · 0.49%
Same employer
Similar plansRetail Trade · Illinois
Trp Acquisition, Inc. IL$12.5M · 0.49%
Runde Chevrolet, Inc. IL$12.4M · 0.02%
Jennings Chevrolet, Inc. IL$12.2M · 0.33%
Green Lincoln, Inc. IL$12.1M · 0.65%
Kelley Williamson Company IL$11.9M · 0.15%
L.J. Thalmann Co. IL$11.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362914777 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.