Plan Ledger DOL Form 5500 · updated monthly

Synergy Behavioral Healthcare, LLC401(k)

SYNERGY BEHAVIORAL HEALTHCARE, LLC 401K PLAN · HOFFMAN ESTATES, IL · plan year 2022

Reported admin expense ratio · 2022
1.23%

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

Synergy Behavioral Healthcare, LLC reported $32,516 in plan administrative expenses for 2022: 1.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,083 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 health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,294th of 3,702), and 9,595th of 11,911 in health care & social assistance. In 2022, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,552,375
Participants with balances88
Active participants109
Employer contributions$118,090
Employee contributions$169,086
Employer contribution per active participant$1,083
Average account balance$29,004
Benefits paid to participants$110,907
Plan auditUnmodified (clean) audit opinion
AuditorMOWERY & SCHOENFELD, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,446
Investment management$14,070
Total administrative$32,516
The Synergy Behavioral Healthcare, LLC 401(k) match · 2022
Employer contribution per active participant$1,083
Median for plans this size$1,114

Synergy Behavioral Healthcare, LLC's 2022 employer contribution ran below 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$32,516 · 1.23%
Similar plansHealth Care & Social Assistance · Illinois
Lydia Home Association IL$2.7M · 0.38%
Crosspoint Human Services IL$2.6M · 0.05%
Fairview Haven, Inc. IL$2.4M · 0.61%
Ywca Metropolitan Chicago IL$2.4M · 2.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271344870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.