Plan Ledger DOL Form 5500 · updated monthly

Midwest Anesthesia Partners LLC401(k)

MIDWEST ANESTHESIA PARTNERS LLC 401(K) P/S PLAN · NAPERVILLE, IL · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Midwest Anesthesia Partners LLC reported $454,573 in plan administrative expenses for 2023: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $40,476 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 has held roughly steady near 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 429th-largest of 3,702 plans among Illinois employers on file, and the 828th of 11,911 in health care & social assistance. In 2023, the employer put in $1.45 for every $1.00 employees contributed themselves; active participation has shrunk from 211 to 147 since 2022.

Plan summary
Net assets, end of year$139,977,009
Participants with balances268
Active participants147
Employer contributions$5,950,035
Employee contributions$4,109,977
Employer contribution per active participant$40,476
Average account balance$522,302
Benefits paid to participants$17,579,346
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPA S P.C
Plan history3
Yearassets · accounts · employer contribution
2024$139.7M · 227 accts · $4.5M emplr
2023$140.0M · 268 accts · $6.0M emplr
2022$126.3M · 296 accts · $6.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,859
Investment management$423,714
Total administrative$454,573
The Midwest Anesthesia Partners LLC 401(k) match · 2023
Employer contribution per active participant$40,476
Median for plans this size$3,659
2024$41,485 per active participant
2023$40,476 per active participant
2022$28,225 per active participant

Midwest Anesthesia Partners LLC's 2023 employer contribution ran above the $3,659 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 · 20237
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$37,811
SAVANT CAPITAL LLC · Investment advisory (participants) · Investment management$359,385
WAKEFIELD ASSET MANAGEMENT LLLP · Investment advisory (participants)$18,899
MARK BELL ADVISORY SERVICES IN · Investment advisory (participants)$12,555
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$7,560
E A HORWITZ LLC · Investment advisory (participants)$5,230
CHARLES SCHWAB & CO., INC. · Securities brokerage$2,917

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$435,115 · 0.31%
2023$454,573 · 0.34%
2022$459,915 · 0.32%
Similar plansHealth Care & Social Assistance · Illinois
Freeport Health Network IL$158.4M · 0.03%
Oak Street Health Mso, LLC IL$138.9M · 0.34%
The Alden Group, LTD. IL$128.2M · 0.38%
Vyaire Medical Payroll LLC IL$125.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364093188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.