Plan Ledger DOL Form 5500 · updated monthly

Silver Cross Management Services Organization401(k)

SILVER CROSS MANAGEMENT SERVICES ORGANIZATION 401(K) PLAN · NEW LENOX, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Silver Cross Management Services Organization reported $10,410 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,395 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 0.25% to 0.10%. 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 among the smaller plans on file in Illinois (2,189th of 3,702), and the 5,056th of 11,911 in health care & social assistance. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 133 to 199 since 2022.

Plan summary
Net assets, end of year$12,358,613
Participants with balances186
Active participants199
Employer contributions$476,641
Employee contributions$1,123,672
Employer contribution per active participant$2,395
Average account balance$66,444
Benefits paid to participants$442,365
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 186 accts · $477K emplr
2023$9.3M · 150 accts · $523K emplr
2022$3.4M · 129 accts · $281K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,410
Total administrative$10,410
The Silver Cross Management Services Organization 401(k) match · 2024
Employer contribution per active participant$2,395
Median for plans this size$2,416
2024$2,395 per active participant
2023$3,269 per active participant
2022$2,114 per active participant

Silver Cross Management Services Organization'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 · 20241
FIDELITY INV INST OPERATIONS CO · Loan processing$8,498

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$10,410 · 0.10%
2023Not separately reported
2022$7,556 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Kaskaskia Workshop, Inc. IL$12.5M · 0.50%
Lancaster LTD IL$12.4M · 0.15%
Edp of Illinois PC IL$12.4M · 0.75%
Kenneth Young Center IL$12.3M · 0.59%
Sinnissippi Centers, Inc. IL$12.3M · 0.24%
Rural Health, Inc. IL$12.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853005773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.