Plan Ledger DOL Form 5500 · updated monthly

Shc Direct, LLC401(k)

SHC DIRECT, LLC DBA INTE Q 401(K) PS PLAN · OAKBROOK TERRACE, IL · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Shc Direct, LLC reported $10,376 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,197 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 1 year on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,779th-largest of 3,702 plans among Illinois employers on file, and 5,872nd of 11,654 in professional & technical services. In 2023, employees put in $2.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,264,639
Participants with balances99
Active participants38
Employer contributions$197,491
Employee contributions$505,590
Employer contribution per active participant$5,197
Average account balance$184,491
Benefits paid to participants$444,568
Plan auditUnmodified (clean) audit opinion
AuditorFGMK
Plan history2
Yearassets · accounts · employer contribution
2023$18.3M · 99 accts · $197K emplr
2022$15.3M · 102 accts · $196K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,376
Total administrative$10,376
The Shc Direct, LLC 401(k) match · 2023
Employer contribution per active participant$5,197
Median for plans this size$2,440
2023$5,197 per active participant
2022$4,550 per active participant

Shc Direct, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$10,815

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$10,376 · 0.06%
2022$11,786 · 0.07%
Similar plansProfessional & Technical Services · Illinois
Cority Software (USA) Inc. IL$18.6M · 0.16%
IT Soft USA Inc. IL$18.6M · 0.28%
Servercentral LLC IL$18.2M · 0.05%
Yash Technologies, Inc. IL$18.0M · 0.07%
Hbr Consulting LLC IL$18.0M · 0.32%
Gsg Consultants, Inc. IL$18.0M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364248605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.