Plan Ledger DOL Form 5500 · updated monthly

Advocate Health,Llc401(k)

ADVOCATE HEALTH 401(K) PLAN · ENGLEWOOD, FL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Advocate Health,Llc reported $5,812 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $440 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 0.12% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Florida (2,869th of 3,644), and 4,584th of 4,798 in finance & insurance. In 2024, employees put in $9.78 for every $1.00 the employer contributed; active participation has grown from 109 to 142 since 2022.

Plan summary
Net assets, end of year$3,115,384
Participants with balances190
Active participants142
Employer contributions$62,487
Employee contributions$611,146
Employer contribution per active participant$440
Average account balance$16,397
Benefits paid to participants$199,191
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 190 accts · $62K emplr
2023$2.3M · 160 accts · $146K emplr
2022$1.6M · 192 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,812
Total administrative$5,812
The Advocate Health,Llc 401(k) match · 2024
Employer contribution per active participant$440
Median for plans this size$1,313
2024$440 per active participant
2023$1,133 per active participant
2022$1,160 per active participant

Advocate Health,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 · 20242
ADP, INC. · Loan processing · Recordkeeping$5,812
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,812 · 0.21%
2023$6,517 · 0.33%
2022$1,850 · 0.12%
Similar plansFinance & Insurance · Florida
United Tranzactions, LLC FL$3.1M · 0.17%
Bill Edwards Group, LLC FL$2.8M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721603075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.