Plan Ledger DOL Form 5500 · updated monthly

Midwest Center for Women's Healthcare, LTD401(k)

MIDWEST CENTER FOR WOMEN'S HEALTHCARE, LTD 401(K) PLAN · BANNOCKBURN, IL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Midwest Center for Women's Healthcare, LTD reported $70,748 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $6,942 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 2 years on file its reported administrative ratio rose from 0.10% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 774th-largest of 3,702 plans among Illinois employers on file, and the 1,555th of 11,911 in health care & social assistance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 166 to 269 since 2022.

Plan summary
Net assets, end of year$62,776,232
Participants with balances258
Active participants269
Employer contributions$1,867,471
Employee contributions$1,591,457
Employer contribution per active participant$6,942
Average account balance$243,319
Benefits paid to participants$3,498,760
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS OVERMAN PIERCE
Plan history3
Yearassets · accounts · employer contribution
2024$62.8M · 258 accts · $1.9M emplr
2023$58.2M · 247 accts · $2.0M emplr
2022$48.6M · 245 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,748
Total administrative$70,748
The Midwest Center for Women's Healthcare, LTD 401(k) match · 2024
Employer contribution per active participant$6,942
Median for plans this size$3,635
2024$6,942 per active participant
2023$10,865 per active participant
2022$10,887 per active participant

Midwest Center for Women's Healthcare, LTD's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$70,748

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$70,748 · 0.12%
2023$7,855 · 0.01%
2022$56,195 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Wheaton Eye Clinic, LTD. IL$64.2M · 0.00%
Clinical Radiologists, S.C. IL$63.0M · 0.16%
Graham Hospital IL$58.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043634290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.