Plan Ledger DOL Form 5500 · updated monthly

Silver Cross Hospital & Medical Centers401(k)

SILVER CROSS HOSPITAL & MEDICAL CENTERS EMPLOYEES' 401(K) RETIREMENT SAVINGS PLAN · NEW LENOX, IL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Silver Cross Hospital & Medical Centers reported $310,049 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $2,648 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 0.13% to 0.11%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 239th-largest of 3,702 plans among Illinois employers on file, and the 498th of 11,911 in health care & social assistance. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$294,860,044
Participants with balances4,101
Active participants3,336
Employer contributions$8,833,751
Employee contributions$15,801,063
Employer contribution per active participant$2,648
Average account balance$71,900
Benefits paid to participants$24,307,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$294.9M · 4,101 accts · $8.8M emplr
2023$259.1M · 4,017 accts · $8.0M emplr
2022$222.4M · 3,695 accts · $10.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$260,049
Investment management$50,000
Total administrative$310,049
The Silver Cross Hospital & Medical Centers 401(k) match · 2024
Employer contribution per active participant$2,648
Median for plans this size$4,294
2024$2,648 per active participant
2023$2,506 per active participant
2022$3,157 per active participant

Silver Cross Hospital & Medical Centers's 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INST OP CO LLC · Loan processing$218,152
CAPITAL STRATEGY · Investment advisory (plan)$50,000

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$310,049 · 0.11%
2023$283,892 · 0.12%
2022$302,051 · 0.13%
Similar plansHealth Care & Social Assistance · Illinois
Blessing Corporate Services IL$380.8M · 0.08%
Carle Holding Company, Inc. IL$329.6M · 0.09%
Rush Copley Medical Center IL$312.8M · 0.17%
Select Rehabilitation, LLC IL$278.9M · 0.05%
Ati Holdings, LLC IL$274.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362174832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.