Plan Ledger DOL Form 5500 · updated monthly

Solomon Cordwell Buenz401(k)

SOLOMON, CORDWELL, BUENZ & ASSOCIATES, INC. EMPLOYEES' PROFIT SHARING AND SAVINGS PLAN AND TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Solomon Cordwell Buenz reported $182,926 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,366 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 0.40% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 927th-largest of 3,702 plans among Illinois employers on file, and the 2,781st of 11,654 in professional & technical services. In 2024, employees put in $4.83 for every $1.00 the employer contributed; active participation has shrunk from 310 to 213 since 2022.

Plan summary
Net assets, end of year$49,536,529
Participants with balances421
Active participants213
Employer contributions$504,036
Employee contributions$2,434,606
Employer contribution per active participant$2,366
Average account balance$117,664
Benefits paid to participants$5,177,812
Plan auditUnmodified (clean) audit opinion
AuditorOSTROW REISIN BERK & ABRAMS
Plan history3
Yearassets · accounts · employer contribution
2024$49.5M · 421 accts · $504K emplr
2023$46.1M · 451 accts · $595K emplr
2022$41.2M · 452 accts · $438K emplr
Administrative expenses, itemized · 2024
Investment management$182,926
Total administrative$182,926
The Solomon Cordwell Buenz 401(k) match · 2024
Employer contribution per active participant$2,366
Median for plans this size$2,416
2024$2,366 per active participant
2023$2,420 per active participant
2022$1,413 per active participant

Solomon Cordwell Buenz'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 · 20243
WILLIAM BLAIR & COMPANY LLC · Investment advisory (plan)$120,371
EMPOWER ADVISORY GROUP, LLC · Investment management$62,555

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$182,926 · 0.38%
2023$232,131 · 0.53%
2022$177,649 · 0.40%
Same employer
Similar plansProfessional & Technical Services · Illinois
Velocityehs IL$50.5M · 0.39%
Collins Engineers, Inc. IL$49.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362643058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.