Plan Ledger DOL Form 5500 · updated monthly

Good Shepherd Manor, Inc.403(b)

GOOD SHEPHERD MANOR, INC. RETIREMENT PLAN · MOMENCE, IL · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Good Shepherd Manor, Inc. reported $23,770 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $663 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 0.33% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,258th of 3,702), and 9,402nd of 11,911 in health care & social assistance. In 2024, employees put in $3.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,807,298
Participants with balances137
Active participants149
Employer contributions$98,802
Employee contributions$321,062
Employer contribution per active participant$663
Average account balance$20,491
Benefits paid to participants$199,480
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 137 accts · $99K emplr
2023$2.3M · 145 accts · $78K emplr
2022$2.7M · 118 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,770
Total administrative$23,770
The Good Shepherd Manor, Inc. 401(k) match · 2024
Employer contribution per active participant$663
Median for plans this size$1,313
2024$663 per active participant
2023$569 per active participant
2022$503 per active participant

Good Shepherd Manor, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20244
MAP RETIREMENT OF ILLIANA INC · Contract administrator$7,204
AMERIPRISE FINANCIAL SERVICES LLCindirect comp
MAP RETIREMENT USA LLC · Contract administratorindirect comp

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$23,770 · 0.92%
2023$17,799 · 0.71%
2022$9,512 · 0.33%
Similar plansHealth Care & Social Assistance · Illinois
The Admiral at the Lake IL$3.0M · 0.28%
One Home Health Agency IL$2.8M · 0.54%
Project Now, Inc. IL$2.8M · 0.02%
Lydia Home Association IL$2.7M · 0.38%
Crosspoint Human Services IL$2.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362693168 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.