SEYFARTH SHAW LLP 401(K) SAVINGS AND RETIREMENT PLAN · CHICAGO, IL · plan year 2024
Reported admin expense ratio · 2024
0.09%
Peer grade: B+· admin costs + employer contributions vs same-size plans · how grading works
Seyfarth Shaw LLP reported $755,634 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $13,841 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 0.14% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 101st-largest of 3,702 plans among Illinois employers on file, and the 190th of 11,654 in professional & technical services. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has shrunk from 1,958 to 1,762 since 2022.
Plan summary
Net assets, end of year$925,918,577
Participants with balances2,831
Active participants1,762
Employer contributions$24,387,874
Employee contributions$27,699,239
Employer contribution per active participant$13,841
Average account balance$327,064
Benefits paid to participants$55,789,063
Plan auditUnmodified (clean) audit opinion
AuditorCROWE HORWATH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$925.9M · 2,831 accts · $24.4M emplr
2023$816.4M · 2,902 accts · $23.7M emplr
2022$684.1M · 2,914 accts · $21.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,167
Investment management$625,467
Total administrative$755,634
The Seyfarth Shaw LLP 401(k) match · 2024
Employer contribution per active participant$13,841
Median for plans this size$4,294
2024$13,841 per active participant
2023$12,421 per active participant
2022$10,985 per active participant
Seyfarth Shaw LLP's 2024 employer contribution ran above the $4,294 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 362152202 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.