Healthcare Information and Management Systems Society401(k)
HEALTHCARE INFORMATION AND MANAGEMENT SYSTEMS SOCIETY 401(K) PLAN · CHICAGO, IL · plan year 2022
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Healthcare Information and Management Systems Society reported $77,124 in plan administrative expenses for 2022: 0.15% of average plan assets, above the peer median. Employer contributions averaged $7,237 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 0.15% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other other services employers. By assets it is the 1,028th-largest of 3,702 plans among Illinois employers on file, and the 502nd of 3,341 in other services. In 2022, employees put in $1.54 for every $1.00 the employer contributed.
Healthcare Information and Management Systems Society's 2022 employer contribution ran above the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 363906745 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.