Plan Ledger DOL Form 5500 · updated monthly

The Lee Manor401(k)

THE LEE MANOR 401(K) PLAN · NAPERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

The Lee Manor reported $16,876 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $209 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 0.56%. 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 (3,208th of 3,702), and 9,149th of 11,911 in health care & social assistance. In 2024, employees put in $3.88 for every $1.00 the employer contributed; active participation has grown from 189 to 267 since 2022.

Plan summary
Net assets, end of year$3,147,967
Participants with balances94
Active participants267
Employer contributions$55,915
Employee contributions$217,128
Employer contribution per active participant$209
Average account balance$33,489
Benefits paid to participants$380,925
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 94 accts · $56K emplr
2023$2.9M · 95 accts · $58K emplr
2022$2.6M · 101 accts · $54K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,382
Investment management$9,494
Total administrative$16,876
The The Lee Manor 401(k) match · 2024
Employer contribution per active participant$209
Median for plans this size$1,313
2024$209 per active participant
2023$293 per active participant
2022$285 per active participant

The Lee Manor'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 · 20243
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$7,382
SOUTHWEST WEALTH STRATEGIES · Investment advisory (plan)$8,900
WILSHIRE ASSOCIATES, INC. · Investment management$593

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$16,876 · 0.56%
2023$15,058 · 0.54%
2022$15,980 · 0.55%
Similar plansHealth Care & Social Assistance · Illinois
Cylinder Health, Inc. IL$3.1M · 0.01%
The Admiral at the Lake IL$3.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362998136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.