Plan Ledger DOL Form 5500 · updated monthly

Esperanza Health Centers401(k)

ESPERANZA HEALTH CENTERS 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Esperanza Health Centers reported $32,367 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $569 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 0.09% to 0.22%. 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 (1,905th of 3,702), and the 4,228th of 11,911 in health care & social assistance. In 2024, employees put in $8.92 for every $1.00 the employer contributed; active participation has grown from 348 to 391 since 2022.

Plan summary
Net assets, end of year$16,402,085
Participants with balances481
Active participants391
Employer contributions$222,423
Employee contributions$1,983,027
Employer contribution per active participant$569
Average account balance$34,100
Benefits paid to participants$1,468,372
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 481 accts · $222K emplr
2023$13.6M · 429 accts · $308K emplr
2022$10.0M · 413 accts · $890K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,367
Total administrative$32,367
The Esperanza Health Centers 401(k) match · 2024
Employer contribution per active participant$569
Median for plans this size$2,416
2024$569 per active participant
2023$879 per active participant
2022$2,558 per active participant

Esperanza Health Centers'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,367

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$32,367 · 0.22%
2023$19,714 · 0.17%
2022$8,922 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Pediatric Health Associates IL$16.7M · 0.19%
Smith Senior Living IL$16.7M · 0.25%
Little City Foundation IL$15.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320115907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.