Plan Ledger DOL Form 5500 · updated monthly

Simon Hegele Healthcare Solutions, LLC401(k)

SIMON HEGELE 401(K) PLAN · WOOD DALE, IL · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Simon Hegele Healthcare Solutions, LLC reported $11,207 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,245 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (3,303rd of 3,702), and 12,581st of 13,661 in manufacturing. In 2022, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,474,788
Participants with balances73
Active participants116
Employer contributions$144,434
Employee contributions$375,879
Employer contribution per active participant$1,245
Average account balance$33,901
Benefits paid to participants$563,195
Plan auditUnmodified (clean) audit opinion
AuditorWEISS & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,313
Investment management$3,894
Total administrative$11,207
The Simon Hegele Healthcare Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$1,245
Median for plans this size$1,114

Simon Hegele Healthcare Solutions, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,207 · 0.40%
Same employer
Similar plansManufacturing · Illinois
Dhaliwal Labratories, LLC IL$2.6M · 1.20%
Chicago Heights Steel IL$2.5M · 0.23%
M J Celco, Inc. IL$2.5M · 0.29%
Stern Pinball, Inc IL$2.4M · 0.75%
Cartoncraft, Inc. IL$2.4M · 0.88%
Midwest Molding, Inc. IL$2.4M · 0.84%
Com-Pac International IL$2.2M · 1.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680585429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.