Plan Ledger DOL Form 5500 · updated monthly

Union League Club401(k)

UNION LEAGUE CLUB EMPLOYEES' SAVINGS PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Union League Club reported $49,061 in plan administrative expenses for 2023: 0.35% of average plan assets, above the peer median. Employer contributions averaged $496 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 0.33% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (2,022nd of 3,702), and the 414th of 2,240 in accommodation & food services. In 2023, employees put in $5.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,622,102
Participants with balances262
Active participants218
Employer contributions$108,139
Employee contributions$560,391
Employer contribution per active participant$496
Average account balance$55,810
Benefits paid to participants$1,577,806
Plan auditUnmodified (clean) audit opinion
AuditorCONDON O'MEARA MCGINTY AND DONNELLY
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 248 accts · $128K emplr
2023$14.6M · 262 accts · $108K emplr
2022$13.5M · 270 accts · $100K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$49,061
Total administrative$49,061
The Union League Club 401(k) match · 2023
Employer contribution per active participant$496
Median for plans this size$2,440
2024$564 per active participant
2023$496 per active participant
2022$465 per active participant

Union League Club's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,061
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$51,836 · 0.36%
2023$49,061 · 0.35%
2022$49,290 · 0.33%
Same employer
Similar plansAccommodation & Food Services · Illinois
Oberweis Dairy, Inc. IL$18.1M · 0.22%
Hoffmann Oberweis Dairy LLC IL$17.6M · 0.15%
Oxford Capital Group, LLC IL$15.5M · 0.84%
Hospitality Staffing Inc. IL$11.7M · 0.32%
Ahi International, LLC IL$11.2M · 0.34%
Monical Pizza Corporation IL$10.5M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361893300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.