Plan Ledger DOL Form 5500 · updated monthly

The Good Samaritan Home of Quincy401(k)

GOOD SAMARITAN RETIREMENT PLAN · QUINCY, IL · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

The Good Samaritan Home of Quincy reported $34,062 in plan administrative expenses for 2023: 0.48% of average plan assets, below the peer median. Employer contributions averaged $454 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 has held roughly steady near 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,619th of 3,702), and 6,513th of 11,911 in health care & social assistance. In 2023, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,858,702
Participants with balances186
Active participants211
Employer contributions$95,775
Employee contributions$301,602
Employer contribution per active participant$454
Average account balance$42,251
Benefits paid to participants$465,153
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.9M · 186 accts · $96K emplr
2022$6.3M · 209 accts · $167K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,625
Investment management$18,437
Total administrative$34,062
The The Good Samaritan Home of Quincy 401(k) match · 2023
Employer contribution per active participant$454
Median for plans this size$1,308
2023$454 per active participant
2022$886 per active participant

The Good Samaritan Home of Quincy's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CPI QUALIFIED PLAN CONSULTANTS, INC · Claims processing · Recordkeeping$15,625
WELLS FARGO ADVISORS · Investment advisory (plan)$18,437

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$34,062 · 0.48%
2022$28,161 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Service, Inc. of Illinois IL$8.0M · 0.09%
Youth Guidance IL$7.9M · 1.33%
Family Focus IL$7.9M · 0.53%
Central Baptist Village IL$7.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370724112 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.