Plan Ledger DOL Form 5500 · updated monthly

West Suburban BankESOP

WEST SUBURBAN BANK EMPLOYEE STOCK OWNERSHIP PLAN · LOMBARD, IL · plan year 2022

Reported admin expense ratio · 2022
0.06%

West Suburban Bank reported $14,755 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% 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 1 year on file its reported administrative ratio rose from 0.06% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,670th-largest of 3,702 plans among Illinois employers on file, and 3,009th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$20,526,917
Participants with balances773
Active participants317
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$26,555
Benefits paid to participants$11,342,808
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$16K · 181 accts
2022$20.5M · 773 accts
Administrative expenses, itemized · 2022
Professional / advisory$14,755
Total administrative$14,755
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
2024Not separately reported
2023$50,540 · 0.49%
2022$14,755 · 0.06%
All plans at this employer2
WEST SUBURBAN BANK EMPLOYEE STOCK OWNERSHIP PLANESOP
WEST SUBURBAN BANK 401(K) PROFIT SHARING PLAN401(k)
Similar plansFinance & Insurance · Illinois
Clearcover, Inc. IL$21.3M · 0.81%
Kin Insurance IL$20.9M · 0.66%
Scott Credit Union IL$20.7M · 0.29%
Sourcebooks, LLC IL$20.1M · 0.34%
Midamerica National Bank IL$19.8M · 0.06%
Iff IL$19.8M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362481667 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.