Plan Ledger DOL Form 5500 · updated monthly

Topel Forman, L.L.C.401(k)

TOPEL FORMAN, L.L.C. EMPLOYEES' SAVINGS OPPORTUNITY PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Topel Forman, L.L.C. reported $27,296 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,924 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 2 years on file its reported administrative ratio fell from 0.27% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,242nd-largest of 3,702 plans among Illinois employers on file, and the 3,882nd of 11,654 in professional & technical services. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 127 to 177 since 2022.

Plan summary
Net assets, end of year$32,819,384
Participants with balances208
Active participants177
Employer contributions$1,225,493
Employee contributions$1,677,886
Employer contribution per active participant$6,924
Average account balance$157,786
Benefits paid to participants$163,560
Plan auditUnmodified (clean) audit opinion
AuditorCDH CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$32.8M · 208 accts · $1.2M emplr
2023$26.1M · 188 accts · $1.1M emplr
2022$19.4M · 185 accts · $913K emplr
Administrative expenses, itemized · 2024
Investment management$27,296
Total administrative$27,296
The Topel Forman, L.L.C. 401(k) match · 2024
Employer contribution per active participant$6,924
Median for plans this size$2,416
2024$6,924 per active participant
2023$7,388 per active participant
2022$7,190 per active participant

Topel Forman, L.L.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
AVANTAX RETIREMENT PLAN SERVICES · Recordkeeping · Consulting$27,296

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

Recordkeeper by year2
2024AVANTAX RETIREMENT PLAN SERVICES
2023AVANTAX RETIREMENT PLAN SERVICES

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

Administrative cost history3
2024$27,296 · 0.09%
2023$16,787 · 0.07%
2022$68,134 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Illinois
O'Hagan Meyer LLC IL$34.2M · 0.41%
Ibase Operations Corp. IL$32.9M · 0.70%
Element 78 Partners, LLC IL$32.7M · 0.56%
Kinaxis Corp. IL$32.3M · 0.51%
Nvisia, LLC IL$32.2M · 0.22%
Goettsch Partners, Inc. IL$31.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362469413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.