Plan Ledger DOL Form 5500 · updated monthly

Riverside Healthcare403(b)

RIVERSIDE HEALTHCARE 403(B) RETIREMENT PLAN · KANKAKEE, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Riverside Healthcare reported $144,840 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. 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 rose from 0.07% to 0.08%. 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 345th-largest of 3,702 plans among Illinois employers on file, and the 650th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$195,828,620
Participants with balances5,392
Active participants2,987
Employer contributions$0
Employee contributions$13,112,220
Employer contribution per active participant$0
Average account balance$36,318
Benefits paid to participants$16,455,792
Plan auditDisclaimer of opinion
AuditorSIKICH CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$195.8M · 5,392 accts
2023$175.7M · 5,251 accts
2022$153.7M · 5,027 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,840
Total administrative$144,840
Employer contributions to the Riverside Healthcare plan · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Riverside Healthcare's 2024 employer contribution ran below the $3,635 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 · 20242
AMERICAN UNITED LIFE INSURANCE · Recordkeeping · Participant communicationindirect comp

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

Recordkeeper by year2
2024Empower, OneAmerica
2023OneAmerica

This plan has changed recordkeepers within these filings. If you left Riverside Healthcare before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$144,840 · 0.08%
2023$130,959 · 0.08%
2022$124,482 · 0.07%
All plans at this employer2
RIVERSIDE HEALTHCARE 403(B) RETIREMENT PLAN403(b)
RIVERSIDE HEALTHCARE 401(A) SAVINGS PLANProfit-sharing plan
Similar plansHealth Care & Social Assistance · Illinois
Select Rehabilitation, LLC IL$278.9M · 0.05%
Ati Holdings, LLC IL$274.4M · 0.23%
Oak Street Health Mso, LLC IL$199.0M · 0.29%
Sinai Health System IL$165.2M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363167726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.