What are the fees in the Advocate Healthcare, LLC 401(k) plan?

For plan year 2022, Advocate Healthcare, LLC reported $7,531 in plan administrative expenses, or 1.09% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Advocate Healthcare, LLC 401(k)?

The average participant account balance was $28,758 for plan year 2022, based on 33 accounts.

Advocate Healthcare, LLC401(k)

Name: Advocate Healthcare, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ADVOCATE HEALTHCARE 401(K) PLAN · EAST BOSTON, MA · plan year 2022

Reported admin expense ratio · 2022

1.09%

Advocate Healthcare, LLC reported $7,531 in plan administrative expenses for 2022: 1.09% of average plan assets, above the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,639th of 2,726), and 10,945th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$949,019
Participants with balances33
Active participants176
Employer contributions—
Employee contributions$102,078
Employer contribution per active participant—
Average account balance$28,758
Benefits paid to participants$749
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSONALLEN LLP

Administrative expenses, itemized · 2022

Professional / advisory$7,531

Total administrative$7,531

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$7,531 · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474486794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.