Plan Ledger DOL Form 5500 · updated monthly

Transitions Intermediate Holdings401(k)

TRANSITIONS 401(K) PLAN · ELK GROVE VILLAGE, IL · plan year 2024

Reported admin expense ratio · 2024
2.75%

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

Transitions Intermediate Holdings reported $199,793 in plan administrative expenses for 2024: 2.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,081 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 rose from 1.66% to 2.75%. 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 (2,634th of 3,702), and 6,564th of 11,911 in health care & social assistance. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 261 to 192 since 2022.

Plan summary
Net assets, end of year$7,720,718
Participants with balances451
Active participants192
Employer contributions$591,463
Employee contributions$1,278,451
Employer contribution per active participant$3,081
Average account balance$17,119
Benefits paid to participants$1,762,871
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 451 accts · $591K emplr
2023$6.8M · 428 accts · $819K emplr
2022$4.7M · 302 accts · $547K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,027
Investment management$71,766
Total administrative$199,793
The Transitions Intermediate Holdings 401(k) match · 2024
Employer contribution per active participant$3,081
Median for plans this size$1,313
2024$3,081 per active participant
2023$2,815 per active participant
2022$2,095 per active participant

Transitions Intermediate Holdings's 2024 employer contribution ran above the $1,313 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 · 20243
DEFINITI · Recordkeeping$87,628
LINCOLN NATIONAL CORPORATION · Contract administrator$75,786
WELLS FARGO ADVISORS · Investment advisory (plan)$36,130

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

Administrative cost history3
2024$199,793 · 2.75%
2023$158,150 · 2.75%
2022$72,835 · 1.66%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Central Baptist Village IL$7.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854312082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.