Plan Ledger DOL Form 5500 · updated monthly

Service Holdings, LLC401(k)

SERVICE HOLDINGS, LLC RETIREMENT PLAN · DOWNERS GROVE, IL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Service Holdings, LLC reported $71,379 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $506 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 0.95% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Illinois (1,897th of 3,702), and 476th of 786 in management of companies. In 2024, employees put in $11.81 for every $1.00 the employer contributed; active participation has grown from 119 to 159 since 2022.

Plan summary
Net assets, end of year$16,617,214
Participants with balances327
Active participants159
Employer contributions$80,378
Employee contributions$949,141
Employer contribution per active participant$506
Average account balance$50,817
Benefits paid to participants$844,908
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 327 accts · $80K emplr
2023$14.7M · 362 accts · $66K emplr
2022$12.9M · $53K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,238
Investment management$36,141
Total administrative$71,379
The Service Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$506
Median for plans this size$2,416
2024$506 per active participant
2023$411 per active participant
2022$446 per active participant

Service Holdings, LLC'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 · 20243
RMB WEST LLC · Investment advisory (plan)$27,045
EMPOWER ADVISORY GROUP, LLC · Investment management$9,096

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$71,379 · 0.46%
2023$107,834 · 0.78%
2022$135,454 · 0.95%
Same employer
Similar plansManagement of Companies · Illinois
The Partner Companies LLC IL$30.0M · 0.68%
Qsrsoft, LLC IL$19.7M · 0.03%
Bancorp Financial, Inc. IL$13.2M · 0.03%
Cl Enterprises IL$8.1M · 0.78%
Trm Nre Acquisition LLC IL$7.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364252962 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.