Plan Ledger DOL Form 5500 · updated monthly

American College of Surgeons403(b)

AMERICAN COLLEGE OF SURGEONS LONG TERM SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

American College of Surgeons reported $112,901 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,840 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 0.15% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 696th-largest of 3,702 plans among Illinois employers on file, and the 273rd of 3,341 in other services. In 2024, employees put in $3.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$74,030,733
Participants with balances583
Active participants471
Employer contributions$1,337,525
Employee contributions$4,458,687
Employer contribution per active participant$2,840
Average account balance$126,982
Benefits paid to participants$8,284,571
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$74.0M · 583 accts · $1.3M emplr
2023$67.7M · 574 accts · $1.3M emplr
2022$55.9M · 546 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,901
Total administrative$112,901
Employer contributions to the American College of Surgeons plan · 2024
Employer contribution per active participant$2,840
Median for plans this size$3,635
2024$2,840 per active participant
2023$2,800 per active participant
2022$2,629 per active participant

American College of Surgeons's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$112,160

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$112,901 · 0.16%
2023$98,706 · 0.16%
2022$87,892 · 0.15%
Same employer
Similar plansOther Services · Illinois
Feeding America IL$75.4M · 0.01%
Aarete, Inc. IL$55.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 362192800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.