Plan Ledger DOL Form 5500 · updated monthly

Aa Healthcare Management LLC401(k)

AA HEALTHCARE MANAGEMENT 401(K) RETIREMENT PLAN · SKOKIE, IL · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Aa Healthcare Management LLC reported $51,144 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $297 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 rose from 0.53% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,909th of 3,702), and 7,701st of 11,911 in health care & social assistance. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 868 to 1,184 since 2022.

Plan summary
Net assets, end of year$5,384,505
Participants with balances182
Active participants1,184
Employer contributions$351,467
Employee contributions$854,037
Employer contribution per active participant$297
Average account balance$29,585
Benefits paid to participants$620,392
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 182 accts · $351K emplr
2023$3.7M · 164 accts · $281K emplr
2022$2.7M · 159 accts · $265K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,144
Total administrative$51,144
The Aa Healthcare Management LLC 401(k) match · 2024
Employer contribution per active participant$297
Median for plans this size$1,313
2024$297 per active participant
2023$300 per active participant
2022$305 per active participant

Aa Healthcare Management LLC's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$51,144
MML INVESTORS SERVICES LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$51,144 · 1.13%
2023$22,746 · 0.72%
2022$14,364 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Dayone Pact IL$5.4M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262540458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.