Plan Ledger DOL Form 5500 · updated monthly

Senior Operations LLC401(k)

SENIOR OPERATIONS LLC 401(K) PROFIT SHARING INVESTMENT PLAN · BARTLETT, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Senior Operations LLC reported $239,752 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,241 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 0.03% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 207th-largest of 3,702 plans among Illinois employers on file, and the 741st of 13,661 in manufacturing. In 2024, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$358,654,608
Participants with balances3,051
Active participants2,267
Employer contributions$7,346,890
Employee contributions$12,138,721
Employer contribution per active participant$3,241
Average account balance$117,553
Benefits paid to participants$46,532,657
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$358.7M · 3,051 accts · $7.3M emplr
2023$339.3M · 3,256 accts · $7.2M emplr
2022$303.4M · 3,072 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$201,711
Investment management$38,041
Total administrative$239,752
The Senior Operations LLC 401(k) match · 2024
Employer contribution per active participant$3,241
Median for plans this size$4,294
2024$3,241 per active participant
2023$3,211 per active participant
2022$2,876 per active participant

Senior Operations LLC's 2024 employer contribution ran below the $4,294 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
EMPOWER ADVISORY GROUP, LLC · Investment management$38,041

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$239,752 · 0.07%
2023$62,794 · 0.02%
2022$92,188 · 0.03%
Same employer
Similar plansManufacturing · Illinois
Yaskawa America, Inc. IL$379.4M · 0.13%
The Middleby Corporation IL$378.0M · 0.05%
Evergreen Packaging LLC IL$368.2M · 0.08%
The Boler Company IL$356.8M · 0.02%
The Chamberlain Group LLC IL$348.5M · 0.13%
Sysmex America Inc IL$335.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942918781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.