Plan Ledger DOL Form 5500 · updated monthly

Sikich LLP401(k)

SIKICH LLP EMPLOYEES' 401(K) PLAN · NAPERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Sikich LLP reported $42,599 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,766 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 0.016%. 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 250th-largest of 3,702 plans among Illinois employers on file, and the 605th of 11,654 in professional & technical services. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has grown from 1,342 to 1,616 since 2022.

Plan summary
Net assets, end of year$280,064,702
Participants with balances2,374
Active participants1,616
Employer contributions$6,085,208
Employee contributions$18,336,628
Employer contribution per active participant$3,766
Average account balance$117,972
Benefits paid to participants$29,742,051
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$280.1M · 2,374 accts · $6.1M emplr
2023$242.5M · 2,230 accts · $4.8M emplr
2022$168.7M · 1,854 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,599
Total administrative$42,599
The Sikich LLP 401(k) match · 2024
Employer contribution per active participant$3,766
Median for plans this size$4,294
2024$3,766 per active participant
2023$3,017 per active participant
2022$2,688 per active participant

Sikich LLP'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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$36,960
STANDARD RETIREMENT SERVICES, INC · Contract administrator · Recordkeeping$5,639

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

Recordkeeper by year2
2024T. Rowe Price, The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Sikich LLP before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,599 · 0.02%
2023$36,665 · 0.02%
2022$28,910 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Illinois
Alfred Benesch & Company IL$336.3M · 0.16%
Heidrick & Struggles, Inc. IL$320.8M · 0.07%
Tandem HR, LLC IL$287.2M · 0.18%
Norc, Inc. IL$246.8M · 0.08%
Smithbucklin Corporation IL$242.5M · 0.19%
Cars.com, LLC IL$241.1M · 0.07%
Exp U.S. Services, Inc. IL$230.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363168081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.