Plan Ledger DOL Form 5500 · updated monthly

Concerto Renal Services, LLC401(k)

CONCERTO 401(K) PLAN · LINCOLNWOOD, IL · plan year 2024

Reported admin expense ratio · 2024
1.35%

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

Concerto Renal Services, LLC reported $137,346 in plan administrative expenses for 2024: 1.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $956 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 3 years on file its reported administrative ratio has held roughly steady near 1.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,266th of 3,702), and the 5,295th of 11,911 in health care & social assistance. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has grown from 490 to 646 since 2022.

Plan summary
Net assets, end of year$11,485,861
Participants with balances639
Active participants646
Employer contributions$617,650
Employee contributions$1,757,091
Employer contribution per active participant$956
Average account balance$17,975
Benefits paid to participants$1,401,093
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 639 accts · $618K emplr
2023$8.9M · 515 accts · $529K emplr
2022$5.8M · 404 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,346
Total administrative$137,346
The Concerto Renal Services, LLC 401(k) match · 2024
Employer contribution per active participant$956
Median for plans this size$2,416
2024$956 per active participant
2023$744 per active participant
2022$770 per active participant

Concerto Renal Services, LLC's 2024 employer contribution ran below the $2,416 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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$7,118

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$137,346 · 1.35%
2023$105,606 · 1.44%
2022$76,779 · 1.39%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Hopedale Medical Foundation IL$11.9M · 0.39%
Norwood Life Society IL$11.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471861033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.