Plan Ledger DOL Form 5500 · updated monthly

Ucan401(k)

UCAN RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.98%

Ucan reported $113,408 in plan administrative expenses for 2024: 0.98% of average plan assets, higher than ~90% 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.

Across the 2 years on file its reported administrative ratio rose from 0.88% to 0.98%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,223rd of 3,702), and the 5,154th of 11,911 in health care & social assistance. active participation has grown from 485 to 544 since 2022.

Plan summary
Net assets, end of year$11,999,544
Participants with balances623
Active participants544
Employer contributions—
Employee contributions$816,685
Employer contribution per active participant—
Average account balance$19,261
Benefits paid to participants$1,386,603
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 623 accts
2023$11.2M · 672 accts
2022$10.4M · 746 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,095
Investment management$28,052
Trustee / custodial$2,261
Total administrative$113,408
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 · 20242
ALLIANCE PENSION CONSULANTS, LLC · Recordkeeping · Consulting$83,095
ROTHSCHILD INVESTMENT CORPORATION · Investment advisory (plan)$28,052

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

Recordkeeper by year2
2024ALLIANCE PENSION CONSULANTS, LLC
2023ALLIANCE PENSION CONSULANTS, LLC

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

Administrative cost history3
2024$113,408 · 0.98%
2023$132,620 · 1.22%
2022$90,361 · 0.88%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Sinnissippi Centers, Inc. IL$12.3M · 0.24%
Rural Health, Inc. IL$12.3M · 0.59%
Hines & Associates, Inc. IL$11.9M · 0.09%
Hopedale Medical Foundation IL$11.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.