Plan Ledger DOL Form 5500 · updated monthly

Westside Children's Therapy401(k)

WESTSIDE CHILDREN'S THERAPY 401(K) PLAN · MOKENA, IL · plan year 2024

Reported admin expense ratio · 2024
1.36%

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

Westside Children's Therapy reported $59,300 in plan administrative expenses for 2024: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $748 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 1.25% to 1.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,914th of 3,702), and 7,721st of 11,911 in health care & social assistance. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has grown from 518 to 662 since 2022.

Plan summary
Net assets, end of year$5,355,611
Participants with balances468
Active participants662
Employer contributions$494,996
Employee contributions$1,223,956
Employer contribution per active participant$748
Average account balance$11,444
Benefits paid to participants$246,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 468 accts · $495K emplr
2023$3.4M · 298 accts · $329K emplr
2022$1.9M · 212 accts · $250K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,800
Audit (IQPA)$6,500
Total administrative$59,300
The Westside Children's Therapy 401(k) match · 2024
Employer contribution per active participant$748
Median for plans this size$1,313
2024$748 per active participant
2023$554 per active participant
2022$483 per active participant

Westside Children's Therapy's 2024 employer contribution ran below 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 · 20243
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$28,250
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$24,550
COULTER & JUSTUS PC · Accounting / audit$6,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,300 · 1.36%
2023$38,088 · 1.46%
2022$19,015 · 1.25%
Similar plansHealth Care & Social Assistance · Illinois
Dayone Pact IL$5.4M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261120233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.