Plan Ledger DOL Form 5500 · updated monthly

Southwest Chicago Christian School Association401(k)

SCCS EMPLOYEE RETIREMENT PLAN · PALOS HEIGHTS, IL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Southwest Chicago Christian School Association reported $18,479 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,476 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 rose from 0.38% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Illinois (3,090th of 3,702), and 2,620th of 3,091 in educational services. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,961,527
Participants with balances164
Active participants143
Employer contributions$211,093
Employee contributions$424,440
Employer contribution per active participant$1,476
Average account balance$24,156
Benefits paid to participants$451,624
Plan auditUnmodified (clean) audit opinion
AuditorKIMBERLIN COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 164 accts · $211K emplr
2023$3.3M · 166 accts · $190K emplr
2022$2.5M · 163 accts · $179K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,479
Total administrative$18,479
The Southwest Chicago Christian School Association 401(k) match · 2024
Employer contribution per active participant$1,476
Median for plans this size$1,313
2024$1,476 per active participant
2023$1,370 per active participant
2022$1,203 per active participant

Southwest Chicago Christian School Association's 2024 employer contribution ran above the $1,313 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 · 20247
SANTEFORT INVESTMENT GROUP, LLC · Investment advisory (plan)$9,788
RETIREMENT PLAN CONCEPTS & SERVICES · Contract administrator$6,584
EMPOWER ADVISORY GROUP · Investment management$849
EMPOWER ADVISORY GROUP · Investment management$849
ENVESTNET RETIREMENT SOLUTIONS, LLC$688

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$18,479 · 0.51%
2023$15,673 · 0.54%
2022$7,968 · 0.38%
Similar plansEducational Services · Illinois
Intrinsic Schools IL$4.5M · 0.62%
Eureka College IL$4.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363590627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.