Plan Ledger DOL Form 5500 · updated monthly

Goldie B. Floberg Center401(k)

GOLDIE B. FLOBERG CENTER 401(K) PROFIT SHARING PLAN · ROCKFORD, IL · plan year 2023

Reported admin expense ratio · 2023
1.42%

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

Goldie B. Floberg Center reported $27,862 in plan administrative expenses for 2023: 1.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 1.25% to 1.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,353rd of 3,702), and 9,999th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,060,783
Participants with balances81
Active participants77
Employer contributions$0
Employee contributions$192,070
Employer contribution per active participant$0
Average account balance$25,442
Benefits paid to participants$253,586
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.1M · 81 accts
2022$1.9M · 100 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,862
Total administrative$27,862
The Goldie B. Floberg Center 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Goldie B. Floberg Center's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
HTLF RETIREMENT PLAN SERVICES · Investment advisory (participants)$27,462

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

Administrative cost history2
2023$27,862 · 1.42%
2022$21,893 · 1.25%
Similar plansHealth Care & Social Assistance · Illinois
Warren Achievement Center IL$2.2M · 0.07%
Snap Diagnostics LLC IL$2.0M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.