Plan Ledger DOL Form 5500 · updated monthly

The Alden Group, LTD.401(k)

THE ALDEN NETWORK 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

The Alden Group, LTD. reported $452,849 in plan administrative expenses for 2024: 0.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $83 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 0.38%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 468th-largest of 3,702 plans among Illinois employers on file, and the 883rd of 11,911 in health care & social assistance. In 2024, employees put in $37.61 for every $1.00 the employer contributed; active participation has grown from 3,411 to 3,785 since 2022.

Plan summary
Net assets, end of year$128,167,011
Participants with balances4,513
Active participants3,785
Employer contributions$312,988
Employee contributions$11,771,259
Employer contribution per active participant$83
Average account balance$28,400
Benefits paid to participants$9,281,792
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$128.2M · 4,513 accts · $313K emplr
2023$109.9M · 4,282 accts · $287K emplr
2022$93.7M · 3,654 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$452,849
Total administrative$452,849
The The Alden Group, LTD. 401(k) match · 2024
Employer contribution per active participant$83
Median for plans this size$3,635
2024$83 per active participant
2023$79 per active participant
2022$79 per active participant

The Alden Group, LTD.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20244
JOHN HANCOCK RETIREMENT PLAN SERV. · Recordkeeping · Loan processing$631,439
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$99,149
DEFINITI LLC · Contract administrator · Consulting$22,650
BAKER TILLY US, LLP · Accounting / audit$18,900

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$452,849 · 0.38%
2023$393,806 · 0.39%
2022$389,529 · 0.39%
Similar plansHealth Care & Social Assistance · Illinois
Oak Street Health Mso, LLC IL$138.9M · 0.34%
Vyaire Medical Payroll LLC IL$125.8M · 0.08%
Siu Physicians & Surgeons IL$112.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363107839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.