Plan Ledger DOL Form 5500 · updated monthly

Sinai Health System403(b)

SINAI HEALTH SYSTEM CONSOLIDATED 403(B) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Sinai Health System reported $523,936 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1 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 rose from 0.29% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 385th-largest of 3,702 plans among Illinois employers on file, and the 736th of 11,911 in health care & social assistance. In 2024, employees put in $3766.18 for every $1.00 the employer contributed; active participation has shrunk from 4,383 to 3,903 since 2022.

Plan summary
Net assets, end of year$165,196,225
Participants with balances4,476
Active participants3,903
Employer contributions$2,592
Employee contributions$9,761,947
Employer contribution per active participant$1
Average account balance$36,907
Benefits paid to participants$17,240,873
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$165.2M · 4,476 accts · $3K emplr
2023$152.2M · 3,901 accts
2022$136.4M · 4,107 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$344,496
Investment management$179,440
Total administrative$523,936
Employer contributions to the Sinai Health System plan · 2024
Employer contribution per active participant$1
Median for plans this size$3,635

Sinai Health System's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
METLIFE LIFE INSURANCE COMPANY$344,496
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$179,440

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$523,936 · 0.33%
2023$431,502 · 0.30%
2022$441,025 · 0.29%
All plans at this employer3
SINAI HEALTH SYSTEM RETIREMENT PLANProfit-sharing plan
SINAI HEALTH SYSTEM UNION RETIREMENT PLANProfit-sharing plan
SINAI HEALTH SYSTEM CONSOLIDATED 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Oak Street Health Mso, LLC IL$199.0M · 0.29%
Riverside Healthcare IL$195.8M · 0.08%
Freeport Health Network IL$158.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363166895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.