Plan Ledger DOL Form 5500 · updated monthly

Kirby Medical Center401(k)

KIRBY MEDICAL CENTER 401(K) PLAN · MONTICELLO, IL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Kirby Medical Center reported $146,980 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,616 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 0.41% to 0.37%. 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 1,039th-largest of 3,702 plans among Illinois employers on file, and the 2,131st of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 291 to 354 since 2022.

Plan summary
Net assets, end of year$42,426,525
Participants with balances410
Active participants354
Employer contributions$1,280,219
Employee contributions$2,236,991
Employer contribution per active participant$3,616
Average account balance$103,479
Benefits paid to participants$2,344,912
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.4M · 410 accts · $1.3M emplr
2023$36.4M · 376 accts · $1.1M emplr
2022$31.4M · 338 accts · $957K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,088
Investment management$72,892
Total administrative$146,980
The Kirby Medical Center 401(k) match · 2024
Employer contribution per active participant$3,616
Median for plans this size$2,416
2024$3,616 per active participant
2023$3,537 per active participant
2022$3,288 per active participant

Kirby Medical 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 · 20241
AMERICAN TRUST COMPANY · Trustee (discretionary) · Contract administrator$146,980

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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

Administrative cost history3
2024$146,980 · 0.37%
2023$131,648 · 0.39%
2022$136,419 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Pediatrust, LLC IL$43.3M · 0.12%
Start Early IL$41.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370661215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.