Employers › Sevan Multi-Site Solutions
Recordkeeping fees per participant · Sevan Multi-site Solutions, Inc. 401(k) Plan · plan year 2024
$204.11
Higher than 88% of the 14,075 plans $10 to 50M that report it.
= $96,950 / 475
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250929155315NAL0011513281001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929155315NAL0011513281001, received 2025-09-29
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-29.
Administrative expenses excluding investment management, per participant
$204.11
Higher than 74% of the 24,371 plans $10 to 50M that report it.
= $96,950 / 475
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250929155315NAL0011513281001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929155315NAL0011513281001, received 2025-09-29
Administrative expenses per participant
$204.11
Higher than 52% of the 25,098 plans $10 to 50M that report it.
= $96,950 / 475
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929155315NAL0011513281001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929155315NAL0011513281001, received 2025-09-29
Administrative expenses as a share of assets
0.286%
Higher than 50% of the 25,132 plans $10 to 50M that report it.
= $96,950 / $33,936,931
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929155315NAL0011513281001, received 2025-09-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250929155315NAL0011513281001, received 2025-09-29
Employer contributions per participant
$3,643
Higher than 81% of the 24,050 plans $10 to 50M that report it.
= $1,730,638 / 475
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929155315NAL0011513281001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929155315NAL0011513281001, received 2025-09-29
Employer share of total contributions
37.2%
Higher than 80% of the 24,084 plans $10 to 50M that report it.
= $1,730,638 / $4,652,860
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929155315NAL0011513281001, received 2025-09-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250929155315NAL0011513281001, received 2025-09-29
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250929155315NAL0011513281001, received 2025-09-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SEVAN MULTI-SITE SOLUTIONS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Plan name | SEVAN MULTI-SITE SOLUTIONS, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Sponsor EIN / plan number | 27-5107237 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Sponsor location | DOWNERS GROVE, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Industry (business code) | 531390, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Filing received | 2025-09-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Participants, beginning of year | 583 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Active participants | 312 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Participants, end of year | 479 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Participants with an account balance | 475 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Total assets, beginning of year | $30,631,866 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Total assets, end of year | $33,936,931 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Net assets, end of year | $33,936,931 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Total income | $9,056,202 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Net income | $3,305,065 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Employer contributions | $1,730,638 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Participant contributions | $2,525,345 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Other contributions (incl. rollovers) | $396,877 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Total contributions | $4,652,860 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Benefit payments | $5,649,208 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Total expenses (incl. benefit payments) | $5,751,137 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Total administrative expenses | $96,950 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Recordkeeping fees | $96,950 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Administrative expenses excluding investment management | $96,950 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Held in common/collective trusts | $1,124,954 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Held in mutual funds | $32,413,936 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250929155315NAL0011513281001, received 2025-09-29 |
| Independent auditor | WIPFLI LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250929155315NAL0011513281001, received 2025-09-29 |
Position = column in the DOL layout for form year 2024. Filing 20250929155315NAL0011513281001, received 2025-09-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND Srecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 72 Other investment fees and expenses | $96,950 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250929155315NAL0011513281001, received 2025-09-29.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $30,631,866 | $33,936,931 | 10.8% |
| Participants with a balance | 568 | 475 | -16.4% |
| Administrative expenses | $76,763 | $96,950 | 26.3% |
| Recordkeeping fees per participant | $135.15 | $204.11 | 51.0% |
| Employer contributions | $2,276,423 | $1,730,638 | -24.0% |
Prior filing 20241014134218NAL0027435329001, received 2024-10-14; the plan years are contiguous.
Sponsor name as filed: SEVAN MULTI-SITE SOLUTIONS, INC.; SEC registrant: Sevan Multi-Site Solutions, LLC (CIK 1796048, matched by EIN).