Plan Ledger DOL Form 5500 · updated monthly

Weaver Consultants Group, LLC401(k)

WEAVER COMPANIES 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Weaver Consultants Group, LLC reported $140,951 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,992 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 0.29% to 0.31%. 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 936th-largest of 3,702 plans among Illinois employers on file, and the 2,817th of 11,654 in professional & technical services. In 2024, employees put in $3.11 for every $1.00 the employer contributed; active participation has grown from 465 to 608 since 2022.

Plan summary
Net assets, end of year$48,697,237
Participants with balances713
Active participants608
Employer contributions$1,211,382
Employee contributions$3,764,444
Employer contribution per active participant$1,992
Average account balance$68,299
Benefits paid to participants$5,524,792
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.7M · 713 accts · $1.2M emplr
2023$43.1M · 671 accts · $1.1M emplr
2022$34.7M · 603 accts · $921K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,951
Total administrative$140,951
The Weaver Consultants Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,992
Median for plans this size$2,416
2024$1,992 per active participant
2023$1,955 per active participant
2022$1,980 per active participant

Weaver Consultants Group, LLC's 2024 employer contribution ran below the $2,416 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 · 20245
ROTHSCHILD INVESTMENT CORPORATION · Investment advisory (plan)$76,858
EMPOWER ADVISORY GROUP, LLC · Investment management$48,393
CLIFTON LARSON ALLEN LLC · Accounting / audit$21,630
HOWARD SIMON & ASSOCIATES, INC. · Contract administrator$4,205
SCP RETIREMENT SERVICES LLC · Contract administrator$3,440

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$140,951 · 0.31%
2023$126,697 · 0.33%
2022$104,501 · 0.29%
Similar plansProfessional & Technical Services · Illinois
Solomon Cordwell Buenz IL$49.5M · 0.38%
Collins Engineers, Inc. IL$49.5M · 0.17%
Wisetech Global (US) Inc. IL$48.0M · 0.04%
Gamma Technologies, LLC IL$47.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364365041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.