Plan Ledger DOL Form 5500 · updated monthly

Lawndale Christian Health Center403(b)

LAWNDALE CHRISTIAN HEALTH CENTER 403(B) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Lawndale Christian Health Center reported $78,692 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,547 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 0.26% to 0.20%. 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 1,048th-largest of 3,702 plans among Illinois employers on file, and the 2,157th of 11,911 in health care & social assistance. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has grown from 670 to 754 since 2022.

Plan summary
Net assets, end of year$41,933,056
Participants with balances736
Active participants754
Employer contributions$1,166,517
Employee contributions$2,357,593
Employer contribution per active participant$1,547
Average account balance$56,974
Benefits paid to participants$2,413,525
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.9M · 736 accts · $1.2M emplr
2023$35.9M · 632 accts · $1.0M emplr
2022$29.7M · 583 accts · $952K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,431
Trustee / custodial$62,261
Total administrative$78,692
Employer contributions to the Lawndale Christian Health Center plan · 2024
Employer contribution per active participant$1,547
Median for plans this size$2,416
2024$1,547 per active participant
2023$1,396 per active participant
2022$1,422 per active participant

Lawndale Christian Health Center's 2024 employer contribution ran below 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$78,692

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$78,692 · 0.20%
2023$72,618 · 0.22%
2022$70,677 · 0.26%
All plans at this employer2
LAWNDALE CHRISTIAN HEALTH CENTER PROFIT SHARING PLANProfit-sharing plan
LAWNDALE CHRISTIAN HEALTH CENTER 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Pediatrust, LLC IL$43.3M · 0.12%
Kirby Medical Center IL$42.4M · 0.37%
Start Early IL$41.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363308953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.