Plan Ledger DOL Form 5500 · updated monthly

Everest Care Group, LLC401(k)

EVEREST CARE GROUP, LLC 401 (K) PLAN · SCHAUMBURG, IL · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

Everest Care Group, LLC reported $7,980 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. Employer contributions averaged $510 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,453rd of 3,702), and 10,687th of 11,911 in health care & social assistance. In 2022, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,241,598
Participants with balances68
Active participants50
Employer contributions$25,517
Employee contributions$49,036
Employer contribution per active participant$510
Average account balance$18,259
Benefits paid to participants$321,002
Plan auditUnmodified (clean) audit opinion
AuditorCRAY, KAISER LTD.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,980
Total administrative$7,980
The Everest Care Group, LLC 401(k) match · 2022
Employer contribution per active participant$510
Median for plans this size$1,114

Everest Care Group, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,980 · 0.53%
Similar plansHealth Care & Social Assistance · Illinois
Phalanx Family Services IL$1.3M · 0.57%
Synergy Senior Care LLC IL$1.3M · 0.68%
Lifeline Ambulance LLC IL$1.2M · 2.59%
Aba of Illinois, LLC IL$1.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815141294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.