Plan Ledger DOL Form 5500 · updated monthly

2014 Health, LLC401(k)

US HEALTHVEST GROUP 401(K) PLAN · DES PLAINES, IL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

2014 Health, LLC reported $123,023 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $694 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 1.16% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,630th-largest of 3,702 plans among Illinois employers on file, and the 3,481st of 11,911 in health care & social assistance. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 1,842 to 2,262 since 2022.

Plan summary
Net assets, end of year$21,638,234
Participants with balances683
Active participants2,262
Employer contributions$1,569,506
Employee contributions$2,841,858
Employer contribution per active participant$694
Average account balance$31,681
Benefits paid to participants$2,967,586
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 683 accts · $1.6M emplr
2023$17.7M · 543 accts · $1.5M emplr
2022$12.9M · 642 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$123,023
Total administrative$123,023
The 2014 Health, LLC 401(k) match · 2024
Employer contribution per active participant$694
Median for plans this size$2,416
2024$694 per active participant
2023$748 per active participant
2022$723 per active participant

2014 Health, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
WORLD INVESTMENT ADVISORS · Contract administrator · Investment advisory (plan)$59,935
PROACCOUNT · Investment advisory (participants)$43,639
ASSURED PARTNERS NORTHEAST, LLC · Contract administrator · Investment advisory (plan)$15,848

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

Administrative cost history3
2024$123,023 · 0.63%
2023$164,087 · 1.07%
2022$137,048 · 1.16%
Similar plansHealth Care & Social Assistance · Illinois
The Family Institute IL$23.4M · 0.25%
Howard Brown Health Center IL$20.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465717505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.