Chinese Mutual Aid Association403(b)
CHINESE MUTUAL AID ASSOCIATION 403(B) PLAN · CHICAGO, IL · plan year 2022
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Chinese Mutual Aid Association reported $255 in plan administrative expenses for 2022: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $399 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.
The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,627th of 3,702), and 11,685th of 11,911 in health care & social assistance. In 2022, the employer put in $3.10 for every $1.00 employees contributed themselves.
Chinese Mutual Aid Association's 2022 employer contribution ran above the $331 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 363139799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.