Plan Ledger DOL Form 5500 · updated monthly

Howard Brown Health Center401(k)

HOWARD BROWN 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Howard Brown Health Center reported $26,046 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $3,334 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 0.15% to 0.14%. 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 1,657th-largest of 3,702 plans among Illinois employers on file, and the 3,579th of 11,911 in health care & social assistance. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has shrunk from 662 to 489 since 2022.

Plan summary
Net assets, end of year$20,829,887
Participants with balances663
Active participants489
Employer contributions$1,630,315
Employee contributions$2,200,460
Employer contribution per active participant$3,334
Average account balance$31,418
Benefits paid to participants$3,103,007
Plan auditQualified audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 663 accts · $1.6M emplr
2023$17.6M · 694 accts · $1.6M emplr
2022$14.4M · 743 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,046
Total administrative$26,046
The Howard Brown Health Center 401(k) match · 2024
Employer contribution per active participant$3,334
Median for plans this size$2,416
2024$3,334 per active participant
2023$2,688 per active participant
2022$2,545 per active participant

Howard Brown Health Center's 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,045
AMERIPRISE FINANCIAL SERVICES INC · Other servicesindirect comp

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$26,046 · 0.14%
2023$24,117 · 0.15%
2022$22,076 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
2014 Health, LLC IL$21.6M · 0.63%
Thorek Memorial Hospital IL$20.5M · 0.53%
Cunningham Childrens Home IL$20.1M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362894128 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.