Plan Ledger DOL Form 5500 · updated monthly

Rush University Medical Center403(b)

RUSH UNIVERSITY MEDICAL CENTER 403(B) RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Rush University Medical Center reported $764,363 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $4,134 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 0.05%. 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 55th-largest of 3,702 plans among Illinois employers on file, and the 98th of 11,911 in health care & social assistance. In 2024, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 12,975 to 14,544 since 2022.

Plan summary
Net assets, end of year$1,809,110,747
Participants with balances19,236
Active participants14,544
Employer contributions$60,124,108
Employee contributions$107,476,662
Employer contribution per active participant$4,134
Average account balance$94,048
Benefits paid to participants$123,929,325
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.8B · 19,236 accts · $60.1M emplr
2023$1.5B · 20,029 accts · $30.0M emplr
2022$1.2B · 17,282 accts · $26.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$708,224
Investment management$4,332
Audit (IQPA)$51,807
Total administrative$764,363
Employer contributions to the Rush University Medical Center plan · 2024
Employer contribution per active participant$4,134
Median for plans this size$5,259
2024$4,134 per active participant
2023$2,210 per active participant
2022$2,039 per active participant

Rush University Medical Center's 2024 employer contribution ran below the $5,259 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.

Service providers · 20242
CROWE LLP · Accounting / audit$51,807

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$764,363 · 0.05%
2023$731,100 · 0.05%
2022$767,601 · 0.06%
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 362174823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.