Plan Ledger DOL Form 5500 · updated monthly

Healthbridge of Arlington Heights, LLC401(k)

HEALTHBRIDGE OF ARLINGTON HEIGHTS 401(K) PLAN · ARLINGTON HEIGHTS, IL · plan year 2023

Reported admin expense ratio · 2023
2.29%

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

Healthbridge of Arlington Heights, LLC reported $30,532 in plan administrative expenses for 2023: 2.29% 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 3 years on file its reported administrative ratio has held roughly steady near 2.31%. 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 (3,431st of 3,702), and 10,521st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,434,783
Participants with balances123
Active participants97
Employer contributions$0
Employee contributions$229,393
Employer contribution per active participant$0
Average account balance$11,665
Benefits paid to participants$222,434
Plan auditUnmodified (clean) audit opinion
AuditorKIEFER BONFANTI & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 116 accts
2023$1.4M · 123 accts
2022$1.2M · 212 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,470
Investment management$7,682
Total administrative$30,532
The Healthbridge of Arlington Heights, LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Healthbridge of Arlington Heights, LLC'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 · 20234
MMA SECURITIES LLC · Investment advisory (plan)$6,523
ADMINISTRATIVE RETIREMENT SERVICES$1,380
EMPOWER ADVISORY GROUP, LLC · Investment management$1,159

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$31,047 · 2.31%
2023$30,532 · 2.29%
2022$27,414 · 2.30%
Similar plansHealth Care & Social Assistance · Illinois
Simple Laboratories LLC IL$1.5M · 0.42%
Marc Center IL$1.5M · 0.01%
Prairieview Lutheran Home IL$1.3M · 0.05%
Phalanx Family Services IL$1.3M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473446479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.