Plan Ledger DOL Form 5500 · updated monthly

Humboldt Park Health403(b)

HUMBOLDT PARK HEALTH 403(B) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Humboldt Park Health reported $96,925 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $299 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 3 years on file its reported administrative ratio has held roughly steady near 0.39%. 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 1,453rd-largest of 3,702 plans among Illinois employers on file, and the 3,089th of 11,911 in health care & social assistance. In 2024, employees put in $6.24 for every $1.00 the employer contributed; active participation has grown from 777 to 936 since 2022.

Plan summary
Net assets, end of year$25,928,818
Participants with balances427
Active participants936
Employer contributions$280,215
Employee contributions$1,747,665
Employer contribution per active participant$299
Average account balance$60,723
Benefits paid to participants$3,467,826
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 427 accts · $280K emplr
2023$23.7M · 429 accts · $349K emplr
2022$22.0M · 457 accts · $346K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,309
Investment management$35,616
Total administrative$96,925
Employer contributions to the Humboldt Park Health plan · 2024
Employer contribution per active participant$299
Median for plans this size$2,416
2024$299 per active participant
2023$423 per active participant
2022$445 per active participant

Humboldt Park Health's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

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$61,109
CENTRIC WEALTH MANAGEMENT, LLC · Investment advisory (plan)$35,605

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$96,925 · 0.39%
2023$90,871 · 0.40%
2022$91,840 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Vna Health Care IL$25.6M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361564290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.