Plan Ledger DOL Form 5500 · updated monthly

Hektoen Institute for Medical Research, L.L.C.403(b)

HEKTOEN INSTITUTE FOR MEDICAL RESEARCH L.L.C. DEFINED CONTRIBUTION RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Hektoen Institute for Medical Research, L.L.C. reported $1,175 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,951 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 fell from 0.004% to 0.003%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,016th-largest of 3,702 plans among Illinois employers on file, and the 3,087th of 11,654 in professional & technical services. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has shrunk from 230 to 142 since 2022.

Plan summary
Net assets, end of year$43,547,079
Participants with balances412
Active participants142
Employer contributions$276,990
Employee contributions$434,328
Employer contribution per active participant$1,951
Average account balance$105,697
Benefits paid to participants$3,916,730
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.5M · 412 accts · $277K emplr
2023$42.1M · 444 accts · $403K emplr
2022$37.2M · 457 accts · $442K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,175
Total administrative$1,175
Employer contributions to the Hektoen Institute for Medical Research, L.L.C. plan · 2024
Employer contribution per active participant$1,951
Median for plans this size$2,416
2024$1,951 per active participant
2023$1,984 per active participant
2022$1,921 per active participant

Hektoen Institute for Medical Research, L.L.C.'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 · 20241
TIAA · Recordkeeping · Investment management$1,175

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,175 · 0.00%
2023$900 · 0.00%
2022$1,525 · 0.00%
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Source: U.S. Department of Labor, Form 5500 series, EIN 362244897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.