Plan Ledger DOL Form 5500 · updated monthly

Medical Management Professiona401(k)

MEDICAL MANAGEMENT PROFESSIONA 401(K) PROFIT SHARING PLAN & TRUST · NORTHBROOK, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Medical Management Professiona reported $14,977 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $0 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 4 years on file its reported administrative ratio fell from 1.34% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,154th of 3,702), and 8,890th of 11,911 in health care & social assistance. active participation has grown from 303 to 529 since 2020.

Plan summary
Net assets, end of year$3,533,599
Participants with balances181
Active participants529
Employer contributions$0
Employee contributions$1,071,181
Employer contribution per active participant$0
Average account balance$19,523
Benefits paid to participants$503,729
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$3.5M · 181 accts
2023$2.7M · 151 accts
2022$1.6M · 118 accts
2020$809K · 74 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,603
Investment management$1,514
Trustee / custodial$860
Total administrative$14,977
The Medical Management Professiona 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Medical Management Professiona's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PAYCHEX, INC. · Contract administrator · Recordkeeping$12,813

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history4
2024$14,977 · 0.48%
2023$10,577 · 0.49%
2022$7,747 · 0.53%
2020$6,562 · 1.34%
Similar plansHealth Care & Social Assistance · Illinois
La Cross Dental, LLC IL$3.6M · 0.64%
Ctf Illinois IL$3.5M · 0.96%
Gareda, LLC IL$3.5M · 0.60%
Ahs Family Health Center IL$3.3M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 455496440 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.