Plan Ledger DOL Form 5500 · updated monthly

Heart & Vascular Partners401(k)

HEART & VASCULAR/SPECIALTY MEDCARE 401(K) PLAN · DEERFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Heart & Vascular Partners reported $106,234 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,286 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,320th-largest of 3,702 plans among Illinois employers on file, and the 2,784th of 11,911 in health care & social assistance. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,880,370
Participants with balances471
Active participants644
Employer contributions$1,472,482
Employee contributions$3,292,524
Employer contribution per active participant$2,286
Average account balance$63,440
Benefits paid to participants$786,829
Plan auditUnmodified (clean) audit opinion
AuditorPLANT & MORAN, PLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,702
Investment management$101,532
Total administrative$106,234
The Heart & Vascular Partners 401(k) match · 2024
Employer contribution per active participant$2,286
Median for plans this size$2,416

Heart & Vascular Partners's 2024 employer contribution ran below the $2,416 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 · 20243
USI ADVISORS INC · Investment advisory (plan)$55,128
NOVA 401(K) ASSOCIATES · Contract administrator$10,692

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$106,234 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Hah Holdings, LLC IL$32.9M · 1.29%
Clearbrook IL$29.7M · 0.33%
Gailey Eye Clinic, LTD. IL$29.0M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811015611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.