Plan Ledger DOL Form 5500 · updated monthly

Meier Clinics Foundation401(k)

MEIER CLINICS RETIREMENT SAVINGS PLAN · WHEATON, IL · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Meier Clinics Foundation reported $51,823 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $124 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,684th of 3,702), and 6,707th of 11,911 in health care & social assistance. In 2022, employees put in $33.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,362,475
Participants with balances64
Active participants103
Employer contributions$12,795
Employee contributions$426,514
Employer contribution per active participant$124
Average account balance$115,039
Benefits paid to participants$543,291
Plan auditUnmodified (clean) audit opinion
AuditorDERAIMO ABENDROTH & ASSOCIATES
The Meier Clinics Foundation 401(k) match · 2022
Employer contribution per active participant$124
Median for plans this size$1,114

Meier Clinics Foundation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$51,823 · 0.63%
Similar plansHealth Care & Social Assistance · Illinois
Ageoptions, Inc. IL$7.6M · 0.02%
S.I.R. Management, Inc. IL$7.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752845878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.