Plan Ledger DOL Form 5500 · updated monthly

Independence 4 Seniors, Inc.401(k)

INDEPENDENCE 4 SENIORS, INC. 401(K) PLAN · HINSDALE, IL · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Independence 4 Seniors, Inc. reported $13,709 in plan administrative expenses for 2022: 0.66% of average plan assets, above the peer median. Employer contributions averaged $540 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,366th of 3,702), and 10,056th of 11,911 in health care & social assistance. In 2022, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,994,683
Participants with balances51
Active participants123
Employer contributions$66,477
Employee contributions$152,084
Employer contribution per active participant$540
Average account balance$39,111
Benefits paid to participants$77,388
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$13,709
Total administrative$13,709
The Independence 4 Seniors, Inc. 401(k) match · 2022
Employer contribution per active participant$540
Median for plans this size$1,114

Independence 4 Seniors, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$13,709 · 0.66%
Similar plansHealth Care & Social Assistance · Illinois
Goldie B. Floberg Center IL$2.1M · 1.42%
Snap Diagnostics LLC IL$2.0M · 0.21%
El Valor Corporation IL$1.6M · 1.85%
By Your Side, LLC IL$1.6M · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364505005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.