Plan Ledger DOL Form 5500 · updated monthly

Alivio Medical Center403(b)

ALIVIO MEDICAL CENTER 403(B) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Alivio Medical Center reported $50,383 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $385 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 3 years on file its reported administrative ratio has held roughly steady near 0.62%. 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 (2,518th of 3,702), and 6,199th of 11,911 in health care & social assistance. In 2024, employees put in $8.60 for every $1.00 the employer contributed; active participation has shrunk from 265 to 208 since 2022.

Plan summary
Net assets, end of year$8,628,795
Participants with balances245
Active participants208
Employer contributions$79,987
Employee contributions$688,011
Employer contribution per active participant$385
Average account balance$35,220
Benefits paid to participants$635,263
Plan auditUnmodified (clean) audit opinion
AuditorEIFEL RAMBO ADVISORY GROUP, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 245 accts · $80K emplr
2023$7.5M · 277 accts · $84K emplr
2022$6.0M · 278 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,385
Investment management$15,998
Total administrative$50,383
The Alivio Medical Center 401(k) match · 2024
Employer contribution per active participant$385
Median for plans this size$1,313
2024$385 per active participant
2023$347 per active participant
2022$245 per active participant

Alivio Medical Center'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 · 20244
JULY BUSINESS SERVICES LLC · Recordkeeping$34,385
DUBUQUE BANK & TRUST · Recordkeeping · Trusteeindirect comp
FARO ADVISORY · Investment advisory (participants) · Investment advisory (plan)$15,998
TOROSO INVESTMENT 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.

Recordkeeper by year2
2024DUBUQUE BANK & TRUST, July Business Services
2023DUBUQUE BANK & TRUST

This plan has changed recordkeepers within these filings. If you left Alivio Medical Center before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,383 · 0.62%
2023$50,148 · 0.74%
2022$40,411 · 0.61%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Geode Health IL$8.7M · 0.71%
Ocular Partners Mso, Inc. IL$8.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363661051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.