Plan Ledger DOL Form 5500 · updated monthly

Shawnee Health Service and Development Corporation401(k)

SHAWNEE HEALTH SERVICE AND DEVELOPMENT CORPORATION 401(K) AND PROFIT SHARING PLAN · CARTERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Shawnee Health Service and Development Corporation reported $115,242 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,020 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 3 years on file its reported administrative ratio has held roughly steady near 0.481%. 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 1,468th-largest of 3,702 plans among Illinois employers on file, and the 3,112th of 11,911 in health care & social assistance. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has shrunk from 374 to 335 since 2022.

Plan summary
Net assets, end of year$25,547,411
Participants with balances501
Active participants335
Employer contributions$676,599
Employee contributions$1,380,347
Employer contribution per active participant$2,020
Average account balance$50,993
Benefits paid to participants$1,780,982
Plan auditDisclaimer of opinion
AuditorKERBER ECK & BRAECKEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.5M · 501 accts · $677K emplr
2023$22.4M · 510 accts · $677K emplr
2022$19.1M · 485 accts · $603K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,692
Total administrative$115,242
The Shawnee Health Service and Development Corporation 401(k) match · 2024
Employer contribution per active participant$2,020
Median for plans this size$2,416
2024$2,020 per active participant
2023$1,907 per active participant
2022$1,614 per active participant

Shawnee Health Service and Development Corporation's 2024 employer contribution ran below 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.

Service providers · 20242
CERITY PARTNERSindirect comp

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$115,242 · 0.48%
2023$96,329 · 0.46%
2022$85,518 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Humboldt Park Health IL$25.9M · 0.39%
Vna Health Care IL$25.6M · 0.60%
Compass Health Center, LLC IL$23.6M · 0.10%
The Family Institute IL$23.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370966854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.