Illinois Mutual Life Insurance 401(k) match, vesting and fees
What Illinois Mutual Life Insurance's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Johnson Lambert LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Illinois Mutual Life Insurance: employer contribution per participant | $2,148 | |
| Peer median | $2,868 |
| Illinois Mutual Life Insurance: average balance | $118,142 | |
| Peer median | $95,281 |
| Illinois Mutual Life Insurance: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $28M at the end of plan year 2021 to $27.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 241 | $27.6M | $503K | $2,148 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 256 | $27M | $468K | $1,886 | 0.30% | Not published | Form 5500 ↗ |
| 2022 | 252 | $23.7M | $452K | $1,854 | 0.12% | Not published | Form 5500 ↗ |
| 2021 | 255 | $28M | $431K | $1,753 | 0.21% | Not published | Form 5500 ↗ |
Other Illinois Mutual Life Insurance plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Retirement Plan for Employees of Illinois Mutual Life Insurance Company
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Johnson Lambert LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Illinois Mutual Life Insurance match 401(k) contributions?
The match terms for the Illinois Mutual 401(k) Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $503K in employer contributions, about $2,148 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Illinois Mutual Life Insurance 401(k) match vested?
The vesting schedule for the Illinois Mutual 401(k) Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Illinois Mutual Life Insurance 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Illinois Mutual Life Insurance Company.
I left Illinois Mutual Life Insurance. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Illinois Mutual Life Insurance Company, (309) 674-8255) or the recordkeeper, Fidelity Investments Institutional. The Illinois Mutual Life Insurance old 401(k) page lists the contacts from every plan filing. Find an old Illinois Mutual Life Insurance 401(k)
Data from the public Form 5500 annual reports Illinois Mutual Life Insurance filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Illinois Mutual Life Insurance. Not financial advice. Report a correction · Methodology