Plan Ledger DOL Form 5500 · updated monthly

Healthworks Agency LLC401(k)

HEALTHWORKS AGENCY LLC 401(K) P/S PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
4.50%

Healthworks Agency LLC reported $1,773 in plan administrative expenses for 2022: 4.50% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Illinois (3,670th of 3,702), and 4,782nd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$69,560
Participants with balances34
Active participants190
Employer contributions—
Employee contributions$67,560
Employer contribution per active participant—
Average account balance$2,046
Benefits paid to participants$2,621
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,773
Total administrative$1,773
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,773 · 4.50%
Similar plansFinance & Insurance · Illinois
First Savings Bk of Hegewisch IL$2.7M · 0.04%
Castle Credit Co. Holdings, LLC IL$2.4M · 1.21%
Accuquote, Inc., an Illinois Corp F/K/A/ Byron Udell & Associates Inc IL$2.1M · 0.04%
Brad McMillin, Inc. IL$1.7M · 0.09%
Kjckbc Corp GA$133K · 0.92%
Pro-Vigil, Inc. TX$132K · 0.48%
La Master Holdings LLC MI$105K · 0.21%
Assurance Software Inc. GA$89K · 0.46%

Why are you looking at this plan?

Compare
401(k) plans in Illinois
Worked here before? Find your old 401(k)
401(k) plans in Finance & Insurance
Plans of similar size
Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 822663309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.