Plan Ledger DOL Form 5500 · updated monthly

The Advanced Group of Companies401(k)

THE ADVANCED GROUP OF COMPANIES EMPLOYEE SAVINGS AND RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

The Advanced Group of Companies reported $192,063 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,045 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 has held roughly steady near 0.239%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 626th-largest of 3,702 plans among Illinois employers on file, and the 187th of 2,534 in administrative & support services. In 2024, employees put in $4.03 for every $1.00 the employer contributed; active participation has shrunk from 1,429 to 1,136 since 2022.

Plan summary
Net assets, end of year$86,523,472
Participants with balances1,536
Active participants1,136
Employer contributions$2,322,956
Employee contributions$9,364,836
Employer contribution per active participant$2,045
Average account balance$56,330
Benefits paid to participants$12,315,268
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$86.5M · 1,536 accts · $2.3M emplr
2023$74.0M · 1,889 accts · $3.0M emplr
2022$56.5M · 1,857 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$157,096
Investment management$34,967
Total administrative$192,063
The The Advanced Group of Companies 401(k) match · 2024
Employer contribution per active participant$2,045
Median for plans this size$3,635
2024$2,045 per active participant
2023$2,569 per active participant
2022$1,945 per active participant

The Advanced Group of Companies's 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$160,320
MMA SECURITIES LLC · Investment advisory (plan)$34,967
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$192,063 · 0.24%
2023$180,729 · 0.28%
2022$138,973 · 0.24%
Same employer
Similar plansAdministrative & Support Services · Illinois
Apfs LLC IL$198.3M · 0.18%
Carylon Corporation IL$123.5M · 0.00%
Transworld Systems Inc. IL$101.4M · 0.36%
Mariani Enterprises LLC IL$71.1M · 0.31%
Afni, Inc. IL$64.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363541725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.