Plan Ledger DOL Form 5500 · updated monthly

Graham Hospital401(k)

GRAHAM HOSPITAL THRIFT AND SAVINGS PLAN · CANTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Graham Hospital reported $144,775 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,600 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 3 years on file its reported administrative ratio has held roughly steady near 0.272%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 821st-largest of 3,702 plans among Illinois employers on file, and the 1,667th of 11,911 in health care & social assistance. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,962,862
Participants with balances982
Active participants805
Employer contributions$1,287,963
Employee contributions$4,236,367
Employer contribution per active participant$1,600
Average account balance$59,025
Benefits paid to participants$4,616,329
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI
Plan history3
Yearassets · accounts · employer contribution
2024$58.0M · 982 accts · $1.3M emplr
2023$48.7M · 928 accts · $1.1M emplr
2022$42.1M · 864 accts · $981K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,775
Total administrative$144,775
The Graham Hospital 401(k) match · 2024
Employer contribution per active participant$1,600
Median for plans this size$3,635
2024$1,600 per active participant
2023$1,289 per active participant
2022$1,281 per active participant

Graham Hospital's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$144,774
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$144,775 · 0.27%
2023$126,213 · 0.28%
2022$122,536 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Clinical Radiologists, S.C. IL$63.0M · 0.16%
Symbria Inc. IL$56.1M · 0.21%
Rosecrance Health Network IL$54.0M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 370673506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.