Plan Ledger DOL Form 5500 · updated monthly

Lifeline Ambulance LLC401(k)

LIFELINE AMBULANCE, LLC 401(K) PLAN · SKOKIE, IL · plan year 2023

Reported admin expense ratio · 2023
2.59%

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

Lifeline Ambulance LLC reported $23,874 in plan administrative expenses for 2023: 2.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $983 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 1 year on file its reported administrative ratio rose from 1.90% to 2.59%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,466th of 3,702), and 10,757th of 11,911 in health care & social assistance. In 2023, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,167,691
Participants with balances52
Active participants123
Employer contributions$120,963
Employee contributions$306,169
Employer contribution per active participant$983
Average account balance$22,456
Benefits paid to participants$59,642
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.2M · 52 accts · $121K emplr
2022$676K · 133 accts · $90K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,874
Total administrative$23,874
The Lifeline Ambulance LLC 401(k) match · 2023
Employer contribution per active participant$983
Median for plans this size$522
2023$983 per active participant
2022$315 per active participant

Lifeline Ambulance LLC's 2023 employer contribution ran above the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LINCOLN NATIONAL CORPORATION · Contract administrator · Recordkeeping$16,357
MAP RETIREMENT OF ILLIANA INC · Contract administrator$7,517

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

Administrative cost history2
2023$23,874 · 2.59%
2022$11,914 · 1.90%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Synergy Senior Care LLC IL$1.3M · 0.68%
Everest Care Group, LLC IL$1.2M · 0.53%
Aba of Illinois, LLC IL$1.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262956975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.