Plan Ledger DOL Form 5500 · updated monthly

Skin Cure Oncology, LLC401(k)

SKIN CURE ONCOLOGY, LLC 401(K) PLAN · BURR RIDGE, 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

Skin Cure Oncology, LLC reported $12,150 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,091 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 0.10% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,685th-largest of 3,702 plans among Illinois employers on file, and the 613th of 2,534 in administrative & support services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 377 to 563 since 2022.

Plan summary
Net assets, end of year$20,154,448
Participants with balances452
Active participants563
Employer contributions$1,177,164
Employee contributions$2,820,569
Employer contribution per active participant$2,091
Average account balance$44,589
Benefits paid to participants$1,305,444
Plan auditUnmodified (clean) audit opinion
AuditorWEISS & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 452 accts · $1.2M emplr
2023$12.9M · 362 accts · $903K emplr
2022$7.0M · 264 accts · $643K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,150
Total administrative$12,150
The Skin Cure Oncology, LLC 401(k) match · 2024
Employer contribution per active participant$2,091
Median for plans this size$2,416
2024$2,091 per active participant
2023$1,930 per active participant
2022$1,706 per active participant

Skin Cure Oncology, LLC's 2024 employer contribution ran below the $2,416 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
GLOBAL RETIREMENT PARTNERS LLCindirect comp

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$12,150 · 0.07%
2023$9,100 · 0.09%
2022$6,500 · 0.10%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 812907627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.