Plan Ledger DOL Form 5500 · updated monthly

Friend Family Health Center, Inc.403(b)

FRIEND FAMILY HEALTH CENTER, INC. 403(B) PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Friend Family Health Center, Inc. reported $9,205 in plan administrative expenses for 2022: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,023 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 (2,623rd of 3,702), and 6,536th of 11,911 in health care & social assistance. In 2022, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,826,410
Participants with balances165
Active participants165
Employer contributions$333,863
Employee contributions$631,731
Employer contribution per active participant$2,023
Average account balance$47,433
Benefits paid to participants$815,090
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,205
Total administrative$9,205
Employer contributions to the Friend Family Health Center, Inc. plan · 2022
Employer contribution per active participant$2,023
Median for plans this size$1,114

Friend Family Health Center, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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$9,205 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Youth Guidance IL$7.9M · 1.33%
Family Focus IL$7.9M · 0.53%
Central Baptist Village IL$7.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364161801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.