Plan Ledger DOL Form 5500 · updated monthly

Jackson Park Hospital Foundation403(b)

JACKSON PARK HOSPITAL 403(B) RETIREMENT PROGRAM · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Jackson Park Hospital Foundation reported $27,391 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $553 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 fell from 0.62% to 0.25%. 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 among the smaller plans on file in Illinois (2,286th of 3,702), and the 5,362nd of 11,911 in health care & social assistance. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,268,220
Participants with balances243
Active participants586
Employer contributions$324,343
Employee contributions$778,547
Employer contribution per active participant$553
Average account balance$46,371
Benefits paid to participants$1,080,250
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$11.3M · 243 accts · $324K emplr
2023$10.5M · 239 accts · $319K emplr
2022$9.3M · 248 accts · $323K emplr
2021$10.3M · 247 accts · $376K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,380
Total administrative$27,391
Employer contributions to the Jackson Park Hospital Foundation plan · 2024
Employer contribution per active participant$553
Median for plans this size$2,416
2024$553 per active participant
2023$553 per active participant
2022$513 per active participant
2021$628 per active participant

Jackson Park Hospital Foundation'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
DAVID GOTSCH$14,011
METLIFE LIFE INSURANCE COMPANY$13,380

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

Recordkeeper by year2
2024OLD NATIONAL BANK
2023OLD NATIONAL BANK

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

Administrative cost history4
2024$27,391 · 0.25%
2023$31,456 · 0.32%
2022$31,653 · 0.32%
2021$60,774 · 0.62%
All plans at this employer2
JACKSON PARK HOSPITAL 403(B) RETIREMENT PROGRAM403(b)
JACKSON PARK HOSPITAL FOUNDATION DEFINED CONTRIBUTION PLANProfit-sharing plan
Similar plansHealth Care & Social Assistance · Illinois
Norwood Life Society IL$11.2M · 0.64%
Ferrell Hospital IL$11.2M · 0.04%
Opticsplanet, Inc. IL$10.8M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362448028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.