Plan Ledger DOL Form 5500 · updated monthly

Advacare Systems, Inc.401(k)

ADVACARE SYSTEMS, INC. 401(K) RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Advacare Systems, Inc. reported $59,164 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $524 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 0.60% to 0.35%. 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 1,820th-largest of 3,702 plans among Illinois employers on file, and the 4,018th of 11,911 in health care & social assistance. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has grown from 379 to 438 since 2022.

Plan summary
Net assets, end of year$17,737,838
Participants with balances316
Active participants438
Employer contributions$229,691
Employee contributions$588,239
Employer contribution per active participant$524
Average account balance$56,132
Benefits paid to participants$1,291,128
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & COMPANY LTD
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 316 accts · $230K emplr
2023$15.9M · 431 accts · $355K emplr
2022$13.4M · 436 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,313
Investment management$40,851
Total administrative$59,164
The Advacare Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$524
Median for plans this size$2,416
2024$524 per active participant
2023$834 per active participant
2022$872 per active participant

Advacare Systems, 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$17,167
NADLER FINANCIAL GROUP INC · Investment management$40,851
CHARLES SCHWAB TRUST BANK · Trustee (directed) · Other services$1,146

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$59,164 · 0.35%
2023$85,956 · 0.59%
2022$89,019 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Marklund IL$18.3M · 0.66%
Marion Eye Centers, LTD. IL$17.9M · 0.02%
Greater Family Health IL$17.6M · 0.06%
Midwest Medical Center IL$17.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363998557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.