Association for Individual Development 401(k) Review & Grade
Association for Individual Development Retirement Plan
Aurora, ILOther Services616 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,561Employer $ per active participant
$1,897Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$18.2MNet plan assets, end of year
$25,313Average balance per account
Score breakdown
- Employer generosity29.5 / 5059th percentile for employer $ per participant
- Low cost13.0 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving5.8 / 1539th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 52th |
| Employee saving | 39th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Association for Individual Development put in about $1,561 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $960,867 |
| Participant (employee) contributions | $1,167,560 |
| Other contributions (incl. rollovers in) | $12,871 |
| Administrative expenses paid from the plan | $36,244 |
| Other admin expenses | $36,244 |
| Benefits paid out | $1,489,032 |
| Net assets, start / end of year | $15.9M / $18.2M |
| Active participants, start / end of year | 586 / 645 |
| Participants with account balances | 720 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Sikich CPA LLC |
Largest service providers (Schedule C)
| Trust Company of Illinois | $36,244 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250627095624NAL0013643424001, received 2025-06-27, EIN 36-2472748, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.