Plan Ledger DOL Form 5500 · updated monthly

Mather401(k)

401(K) RETIREMENT PLAN FOR EMPLOYEES OF MATHER · EVANSTON, IL · plan year 2025

Reported admin expense ratio · 2025
0.05%

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

Mather reported $30,750 in plan administrative expenses for 2025: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,252 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 0.12% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 707th-largest of 3,702 plans among Illinois employers on file, and the 1,411th of 11,911 in health care & social assistance. In 2025, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 515 to 743 since 2022.

Plan summary
Net assets, end of year$72,030,826
Participants with balances926
Active participants743
Employer contributions$3,159,201
Employee contributions$4,088,028
Employer contribution per active participant$4,252
Average account balance$77,787
Benefits paid to participants$5,145,489
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$72.0M · 926 accts · $3.2M emplr
2024$58.5M · 820 accts · $2.5M emplr
2023$49.2M · 697 accts · $2.1M emplr
2022$42.9M · 671 accts · $1.9M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$30,750
Total administrative$30,750
The Mather 401(k) match · 2025
Employer contribution per active participant$4,252
Median for plans this size$4,093
2025$4,252 per active participant
2024$3,786 per active participant
2023$4,118 per active participant
2022$3,728 per active participant

Mather's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,750

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

Administrative cost history4
2025$30,750 · 0.05%
2024$28,457 · 0.05%
2023$4,217 · 0.01%
2022$56,229 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Rml Health Providers, LP IL$76.9M · 0.13%
Uropartners, LLC IL$75.2M · 0.31%
Kiara, Inc. IL$71.5M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362233542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.