Plan Ledger DOL Form 5500 · updated monthly

Carle Foundation Hospital and Affiliates403(b)

CARLE FOUNDATION HOSPITAL AND AFFILIATES MATCHING TSA PLAN · URBANA, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Carle Foundation Hospital and Affiliates reported $1,763,542 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,051 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 0.11% to 0.14%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 73rd-largest of 3,702 plans among Illinois employers on file, and the 134th of 11,911 in health care & social assistance. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has grown from 10,985 to 16,060 since 2022.

Plan summary
Net assets, end of year$1,368,713,933
Participants with balances18,434
Active participants16,060
Employer contributions$32,934,236
Employee contributions$91,590,625
Employer contribution per active participant$2,051
Average account balance$74,249
Benefits paid to participants$98,290,900
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 18,434 accts · $32.9M emplr
2023$1.2B · 19,504 accts · $18.8M emplr
2022$860.6M · 11,601 accts · $47.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,763,542
Total administrative$1,763,542
Employer contributions to the Carle Foundation Hospital and Affiliates plan · 2024
Employer contribution per active participant$2,051
Median for plans this size$5,259
2024$2,051 per active participant
2023$1,178 per active participant
2022$4,343 per active participant

Carle Foundation Hospital and Affiliates's 2024 employer contribution ran below the $5,259 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 · 20249
COZAD ASSET MANAGEMENT INC. · Insurance broker · Investment management$77,330
CHOREO LLC · Insurance broker · Investment management$40,262
LARSON FINANCIAL GROUP LLC · Insurance broker · Investment management$34,038
RUEDI WEALTH MGMT INC · Insurance broker · Investment management$13,663
BLUESTEM FINANCIAL ADVISORS LL · Insurance broker · Investment management$10,071
MACROVIEW INVESTMENT · Insurance broker · Investment management$8,180
CREATIVE PLANNING LLC · Insurance broker · Investment management$6,495
HILL INVESTMENT GROUP PARTNERS · Insurance broker · Investment management$5,041
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Investment management$31

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$1,763,542 · 0.14%
2023$848,995 · 0.08%
2022$954,197 · 0.11%
Similar plansHealth Care & Social Assistance · Illinois
Endeavor Health IL$2.3B · 0.05%
Heartland Dental, LLC IL$1.1B · 0.12%
Edward-Elmhurst Healthcare IL$938.4M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 371119538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.