Plan Ledger DOL Form 5500 · updated monthly

Addus Healthcare, Inc.401(k)

ADDUS HEALTHCARE, INC. 401(K) PLAN · DOWNERS GROVE, IL · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Addus Healthcare, Inc. reported $337,194 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $23 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 0.96% to 0.76%. 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 946th-largest of 3,702 plans among Illinois employers on file, and the 1,922nd of 11,911 in health care & social assistance. In 2024, employees put in $14.33 for every $1.00 the employer contributed; active participation has grown from 14,070 to 25,864 since 2022.

Plan summary
Net assets, end of year$48,160,104
Participants with balances3,413
Active participants25,864
Employer contributions$584,401
Employee contributions$8,375,021
Employer contribution per active participant$23
Average account balance$14,111
Benefits paid to participants$7,206,309
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.2M · 3,413 accts · $584K emplr
2023$40.2M · 2,126 accts · $498K emplr
2022$29.7M · 2,353 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$262,987
Investment management$74,203
Total administrative$337,194
The Addus Healthcare, Inc. 401(k) match · 2024
Employer contribution per active participant$23
Median for plans this size$2,416
2024$23 per active participant
2023$25 per active participant
2022$32 per active participant

Addus Healthcare, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$262,987
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$74,203

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$337,194 · 0.76%
2023$328,593 · 0.94%
2022$278,444 · 0.96%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Experity, Inc. IL$47.5M · 0.03%
Medcor, Inc. IL$47.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421014070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.