Plan Ledger DOL Form 5500 · updated monthly

West Monroe Partners, Inc.401(k)

WEST MONROE PARTNERS, INC. 401(K) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

West Monroe Partners, Inc. reported $732,135 in plan administrative expenses for 2022: 0.11% of average plan assets, above the peer median. Employer contributions averaged $2,847 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 0.11% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other professional & technical services employers. By assets it is the 113th-largest of 3,702 plans among Illinois employers on file, and the 244th of 11,654 in professional & technical services. In 2022, employees put in $4.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$741,970,916
Participants with balances2,798
Active participants2,232
Employer contributions$6,353,575
Employee contributions$30,071,529
Employer contribution per active participant$2,847
Average account balance$265,179
Benefits paid to participants$36,354,566
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$726.7M · 2,481 accts · $5.7M emplr
2023$693.7M · 2,663 accts · $6.8M emplr
2022$742.0M · 2,798 accts · $6.4M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$732,135
Total administrative$732,135
The West Monroe Partners, Inc. 401(k) match · 2022
Employer contribution per active participant$2,847
Median for plans this size$4,065
2024$3,612 per active participant
2023$3,418 per active participant
2022$2,847 per active participant

West Monroe Partners, Inc.'s 2022 employer contribution ran below the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$181,338 · 0.03%
2023$279,426 · 0.04%
2022$732,135 · 0.11%
All plans at this employer2
WEST MONROE PARTNERS, INC. 401(K) PLAN401(k)
WEST MONROE PARTNERS, INC. FROZEN CAPITAL ACCUMULATION PLANProfit-sharing plan
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 461586202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.