Plan Ledger DOL Form 5500 · updated monthly

Near North Health Service CorporationDC plan

TAX DEFERRED ANNUITY PLAN OF NEAR NORTH HEALTH SERVICE CORPORATION · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Near North Health Service Corporation reported $1,188 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. 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 2 years on file its reported administrative ratio fell from 0.019% to 0.016%. 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 (2,558th of 3,702), and 6,320th of 11,911 in health care & social assistance. active participation has grown from 100 to 226 since 2022.

Plan summary
Net assets, end of year$8,314,841
Participants with balances163
Active participants226
Employer contributions$0
Employee contributions$352,279
Employer contribution per active participant$0
Average account balance$51,011
Benefits paid to participants$493,813
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 163 accts
2023$6.5M · 158 accts
2022$6.3M · 180 accts
Employer contributions to the Near North Health Service Corporation plan · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Near North Health Service Corporation'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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,666

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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Administrative cost history3
2024$1,188 · 0.02%
2023$504 · 0.01%
2022$1,334 · 0.02%
All plans at this employer2
401(A) PROFIT-SHARING PLAN FOR EMPLOYEES OF NEAR NORTH HEALTH SERVICE CORPORATION401(k)
TAX DEFERRED ANNUITY PLAN OF NEAR NORTH HEALTH SERVICE CORPORATIONDefined-contribution plan
Similar plansHealth Care & Social Assistance · Illinois
Ocular Partners Mso, Inc. IL$8.5M · 0.31%
Magna Health Systems, LLC IL$8.2M · 0.23%
Insight Chicago IL$8.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363197647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.