Plan Ledger DOL Form 5500 · updated monthly

Witt/Kieffer Inc.401(k)

WITT/KIEFFER INC. SAVINGS & PROFIT SHARING PLAN & TRUST · OAK BROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Witt/Kieffer Inc. reported $102,632 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $10,476 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 0.23% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 589th-largest of 3,702 plans among Illinois employers on file, and the 1,559th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 347 to 288 since 2022.

Plan summary
Net assets, end of year$96,809,002
Participants with balances428
Active participants288
Employer contributions$3,017,002
Employee contributions$5,500,730
Employer contribution per active participant$10,476
Average account balance$226,189
Benefits paid to participants$15,122,963
Plan auditUnmodified (clean) audit opinion
AuditorREDWITZ, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$96.8M · 428 accts · $3.0M emplr
2023$91.9M · 468 accts · $2.3M emplr
2022$79.2M · 448 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,660
Investment management$24,972
Total administrative$102,632
The Witt/Kieffer Inc. 401(k) match · 2024
Employer contribution per active participant$10,476
Median for plans this size$3,635
2024$10,476 per active participant
2023$6,583 per active participant
2022$7,214 per active participant

Witt/Kieffer Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$90,056
FIDUCIENT ADVISORS LLC · Investment management$12,500

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$102,632 · 0.11%
2023$126,488 · 0.15%
2022$171,717 · 0.23%
Same employer
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Bartlit Beck LLP IL$99.6M · 0.20%
Ucc Holdco, LLC IL$99.2M · 0.12%
Litchfield Cavo LLP IL$98.5M · 0.11%
Swanson, Martin & Bell, LLP IL$93.4M · 0.08%
Freeborn & Peters LLP IL$92.1M · 0.11%
Engineering Systems Inc. IL$90.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362919320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.