Plan Ledger DOL Form 5500 · updated monthly

Suburban Access, Inc.401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF SUBURBAN ACCESS, INC. · HOMEWOOD, 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

Suburban Access, Inc. reported $1,513 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,253 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 fell from 0.03% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,773rd of 3,702), and 7,075th of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 95 to 136 since 2021.

Plan summary
Net assets, end of year$6,553,947
Participants with balances152
Active participants136
Employer contributions$170,345
Employee contributions$199,975
Employer contribution per active participant$1,253
Average account balance$43,118
Benefits paid to participants$336,544
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$6.6M · 152 accts · $170K emplr
2023$5.7M · 195 accts · $141K emplr
2022$4.9M · 185 accts · $117K emplr
2021$4.0M · 176 accts · $111K emplr
The Suburban Access, Inc. 401(k) match · 2024
Employer contribution per active participant$1,253
Median for plans this size$1,313
2024$1,253 per active participant
2023$1,131 per active participant
2022$1,024 per active participant
2021$1,165 per active participant

Suburban Access, Inc.'s 2024 employer contribution ran below 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,002

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2024$1,513 · 0.02%
2023$1,162 · 0.02%
2022$657 · 0.01%
2021$1,201 · 0.03%
Similar plansHealth Care & Social Assistance · Illinois
First Stop Holdings, LLC IL$6.7M · 0.20%
Independence Plus, Inc. IL$6.6M · 0.95%
Nocd, Inc. IL$6.5M · 0.52%
Aspire of Illinois IL$6.4M · 0.85%
Carle Health IL$6.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363651054 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.