Plan Ledger DOL Form 5500 · updated monthly

Northwest Oncology & Hematology,S.C401(k)

NORTHWEST ONCOLOGY & HEMATOLOGY, S. C. PROFIT SHARING 401(K) PLAN · ROLLING MEADOWS, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Northwest Oncology & Hematology,S.C reported $7,304 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,533 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 0.00% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,312th-largest of 3,702 plans among Illinois employers on file, and the 2,766th of 11,911 in health care & social assistance. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has grown from 127 to 165 since 2022.

Plan summary
Net assets, end of year$30,192,238
Participants with balances175
Active participants165
Employer contributions$418,023
Employee contributions$1,046,947
Employer contribution per active participant$2,533
Average account balance$172,527
Benefits paid to participants$3,450,201
Plan auditUnmodified (clean) audit opinion
AuditorCJBS,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$30.2M · 175 accts · $418K emplr
2023$27.3M · 171 accts · $445K emplr
2022$23.6M · 158 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,304
Total administrative$7,304
The Northwest Oncology & Hematology,S.C 401(k) match · 2024
Employer contribution per active participant$2,533
Median for plans this size$2,416
2024$2,533 per active participant
2023$3,425 per active participant
2022$3,454 per active participant

Northwest Oncology & Hematology,S.C's 2024 employer contribution ran above the $2,416 median for plans its size. 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.

Administrative cost history3
2024$7,304 · 0.03%
2023$5,751 · 0.02%
2022$1,100 · 0.00%
Same employer
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Gailey Eye Clinic, LTD. IL$29.0M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363395596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.