Plan Ledger DOL Form 5500 · updated monthly

The Garlands of Barrington, LLC401(k)

THE GARLANDS OF BARRINGTON RETIREMENT SAVINGS PLAN · BARRINGTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

The Garlands of Barrington, LLC reported $4,750 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $613 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (3,137th of 3,702), and 1,673rd of 2,096 in real estate & leasing. In 2024, employees put in $3.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,641,639
Participants with balances214
Active participants245
Employer contributions$150,120
Employee contributions$471,442
Employer contribution per active participant$613
Average account balance$17,017
Benefits paid to participants$411,408
Plan auditUnmodified (clean) audit opinion
AuditorSELDEN FOX, LTD.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,600
Total administrative$4,750
The The Garlands of Barrington, LLC 401(k) match · 2024
Employer contribution per active participant$613
Median for plans this size$1,313

The Garlands of Barrington, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
HUNTER BENEFITS CONSULTING GROUP · Other servicesindirect comp

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

Administrative cost history1
2024$4,750 · 0.14%
Similar plansReal Estate & Leasing · Illinois
Rentalmax, LLC IL$4.2M · 0.19%
Synapse Health, Inc. IL$4.0M · 0.27%
Mado Management, L.P. IL$3.2M · 1.11%
Encore Hcs LLC IL$3.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352163742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.