Plan Ledger DOL Form 5500 · updated monthly

Start Early401(k)

START EARLY · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Start Early reported $106,673 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $6,142 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 0.20% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,059th-largest of 3,702 plans among Illinois employers on file, and the 2,174th of 11,911 in health care & social assistance. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 375 to 439 since 2022.

Plan summary
Net assets, end of year$41,605,766
Participants with balances618
Active participants439
Employer contributions$2,696,535
Employee contributions$3,298,160
Employer contribution per active participant$6,142
Average account balance$67,323
Benefits paid to participants$2,711,489
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.6M · 618 accts · $2.7M emplr
2023$32.6M · 562 accts · $2.4M emplr
2022$26.1M · 497 accts · $876K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,673
Investment management$45,000
Total administrative$106,673
The Start Early 401(k) match · 2024
Employer contribution per active participant$6,142
Median for plans this size$2,416
2024$6,142 per active participant
2023$5,872 per active participant
2022$2,336 per active participant

Start Early's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$61,673
ROCATON INVESTMENT ADVISORS LLC · Investment advisory (plan)$45,000

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$106,673 · 0.29%
2023$73,629 · 0.25%
2022$58,203 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Kirby Medical Center IL$42.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363186328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.