Plan Ledger DOL Form 5500 · updated monthly

Northshore University Healthsystem403(b)

NORTHSHORE UNIVERSITY HEALTHSYSTEM TAX DEFERRED ANNUITY PLAN · EVANSTON, 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

Northshore University Healthsystem reported $460,532 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,199 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 0.06% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 45th-largest of 3,702 plans among Illinois employers on file, and the 85th of 11,911 in health care & social assistance. In 2024, the employer put in $6.63 for every $1.00 employees contributed themselves; active participation has shrunk from 13,705 to 11,719 since 2022.

Plan summary
Net assets, end of year$2,087,217,637
Participants with balances14,949
Active participants11,719
Employer contributions$14,053,738
Employee contributions$2,120,583
Employer contribution per active participant$1,199
Average account balance$139,623
Benefits paid to participants$225,411,582
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1B · 14,949 accts · $14.1M emplr
2023$2.0B · 19,682 accts · $46.6M emplr
2022$1.8B · 18,929 accts · $55.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,790
Investment management$72,500
Audit (IQPA)$20,000
Total administrative$460,532
Employer contributions to the Northshore University Healthsystem plan · 2024
Employer contribution per active participant$1,199
Median for plans this size$5,259
2024$1,199 per active participant
2023$3,398 per active participant
2022$4,076 per active participant

Northshore University Healthsystem's 2024 employer contribution ran below the $5,259 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 · 20244
FIDELITY INVESTMENTS · Recordkeeping$95,773
SEYFARTH SHAW$273,242
FIDUCIENT ADVISORS · Investment advisory (plan)$72,500
MITCHELL TITUS · Accounting / audit$20,000

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

Administrative cost history3
2024$460,532 · 0.02%
2023$1,264,755 · 0.07%
2022$1,126,495 · 0.06%
All plans at this employer3
NORTHSHORE UNIVERSITY HEALTHSYSTEM TAX DEFERRED ANNUITY PLAN403(b)
NORTHSHORE UNIVERSITY HEALTHSYSTEM RETIREMENT CONTRIBUTION PLANDefined-contribution plan
NORTHSHORE UNIVERSITY HEALTHSYSTEM 401K PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Endeavor Health IL$2.3B · 0.05%
Heartland Dental, LLC IL$1.1B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362167060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.