Plan Ledger DOL Form 5500 · updated monthly

Unique Insurance Managers401(k)

UNIQUE INSURANCE MANAGERS RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Unique Insurance Managers reported $22,291 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,219 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 0.36% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Illinois (2,493rd of 3,702), and 4,090th of 4,798 in finance & insurance. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,862,869
Participants with balances246
Active participants241
Employer contributions$534,757
Employee contributions$927,566
Employer contribution per active participant$2,219
Average account balance$36,028
Benefits paid to participants$2,182,545
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 246 accts · $535K emplr
2023$8.3M · 238 accts · $506K emplr
2022$6.3M · 246 accts · $511K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,291
Total administrative$22,291
The Unique Insurance Managers 401(k) match · 2024
Employer contribution per active participant$2,219
Median for plans this size$1,313
2024$2,219 per active participant
2023$2,161 per active participant
2022$1,981 per active participant

Unique Insurance Managers's 2024 employer contribution ran above the $1,313 median for plans its size. 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
ALERA GROUP INVESTMENT ADVISORS LLC · Investment advisory (plan)$19,772

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$22,291 · 0.26%
2023$19,772 · 0.27%
2022$23,657 · 0.36%
Same employer
Similar plansFinance & Insurance · Illinois
League Corp. IL$10.3M · 0.18%
Nationwide Loan Company LLC IL$10.2M · 0.40%
Dansig, Inc. IL$10.0M · 0.23%
Pba Holding Group, Inc. IL$8.1M · 0.27%
Gpd Holdings LLC IL$7.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814712154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.