Plan Ledger DOL Form 5500 · updated monthly

Journey Care, Inc.403(b)

JOURNEY CARE, INC. 403(B) RETIREMENT SAVINGS PLAN · GLENVIEW, IL · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Journey Care, Inc. reported $120,263 in plan administrative expenses for 2022: 0.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,647 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 rose from 0.44% to 0.73%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,710th-largest of 3,702 plans among Illinois employers on file, and the 3,755th of 11,911 in health care & social assistance. In 2022, employees put in $5.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,542,452
Participants with balances408
Active participants18
Employer contributions$83,643
Employee contributions$430,089
Employer contribution per active participant$4,647
Average account balance$47,898
Benefits paid to participants$11,064,603
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 278 accts · $983 emplr
2023$16.8M · 339 accts · $8K emplr
2022$19.5M · 408 accts · $84K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$66,464
Investment management$53,505
Total administrative$120,263
Employer contributions to the Journey Care, Inc. plan · 2022
Employer contribution per active participant$4,647
Median for plans this size$2,266
2024$492 per active participant
2023$2,614 per active participant
2022$4,647 per active participant

Journey Care, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 history3
2024$118,163 · 0.73%
2023$70,651 · 0.39%
2022$120,263 · 0.44%
Similar plansHealth Care & Social Assistance · Illinois
Thorek Memorial Hospital IL$20.5M · 0.53%
Cunningham Childrens Home IL$20.1M · 0.26%
Shared Imaging, LLC IL$18.5M · 0.50%
Marklund IL$18.3M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363305643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.