Plan Ledger DOL Form 5500 · updated monthly

Anderson Healthcare403(b)

ANDERSON HEALTHCARE 403B PLAN · MARYVILLE, IL · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Anderson Healthcare reported $2,148 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,085 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 1 year on file its reported administrative ratio fell from 0.003% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 633rd-largest of 3,702 plans among Illinois employers on file, and the 1,245th of 11,911 in health care & social assistance. In 2023, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$84,730,294
Participants with balances1,888
Active participants1,585
Employer contributions$1,720,114
Employee contributions$4,696,247
Employer contribution per active participant$1,085
Average account balance$44,878
Benefits paid to participants$4,644,397
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$84.7M · 1,888 accts · $1.7M emplr
2022$71.8M · 1,715 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,148
Total administrative$2,148
Employer contributions to the Anderson Healthcare plan · 2023
Employer contribution per active participant$1,085
Median for plans this size$3,659
2023$1,085 per active participant
2022$1,155 per active participant

Anderson Healthcare's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
AMERICAN UNITED LIFE INSURANCE CO · Loan processing · Participant communication$4,698
CREATIVE PLANNING LLC · Consultingindirect comp
LOCKTON INVESTMENTS ADV LLC · Consultingindirect comp

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

Administrative cost history2
2023$2,148 · 0.00%
2022$2,256 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Anderson Healthcare IL$93.9M · 0.17%
Rml Health Providers, LP IL$76.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843965822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.