Plan Ledger DOL Form 5500 · updated monthly

Chestnut Health Systems, Inc.401(k)

CHESTNUT HEALTH SYSTEMS, INC. 401(K) RETIREMENT PLAN · BLOOMINGTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Chestnut Health Systems, Inc. reported $191,878 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,568 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 fell from 0.56% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,066th-largest of 3,702 plans among Illinois employers on file, and the 525th of 3,341 in other services. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 671 to 808 since 2022.

Plan summary
Net assets, end of year$41,526,343
Participants with balances1,082
Active participants808
Employer contributions$1,267,056
Employee contributions$3,770,462
Employer contribution per active participant$1,568
Average account balance$38,379
Benefits paid to participants$5,380,030
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.5M · 1,082 accts · $1.3M emplr
2023$37.1M · 1,052 accts · $1.1M emplr
2022$31.8M · 901 accts · $953K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,119
Investment management$78,759
Total administrative$191,878
The Chestnut Health Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,568
Median for plans this size$2,416
2024$1,568 per active participant
2023$1,409 per active participant
2022$1,421 per active participant

Chestnut Health Systems, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$113,119
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$78,759
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$191,878 · 0.49%
2023$206,854 · 0.60%
2022$198,059 · 0.56%
Same employer
Similar plansOther Services · Illinois
National Safety Council IL$42.7M · 0.11%
Erie Family Health Center IL$41.6M · 0.51%
Monroe Capital LLC IL$41.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370964629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.