Plan Ledger DOL Form 5500 · updated monthly

The Claro Group, LLC401(k)

THE CLARO GROUP, LLC 401(K) PROFIT SHARING PLAN AND TRUST II · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.07%

The Claro Group, LLC reported $12,819 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (3,629th of 3,702), and 11,550th of 11,654 in professional & technical services. In 2022, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$180,935
Participants with balances3
Active participants0
Employer contributions$813,366
Employee contributions$954,114
Employer contribution per active participant—
Average account balance$60,312
Benefits paid to participants$30,428,724
Plan auditUnmodified (clean) audit opinion
AuditorFGMK LLC
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,819 · 0.07%
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Source: U.S. Department of Labor, Form 5500 series, EIN 721606531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.