Plan Ledger DOL Form 5500 · updated monthly

The University of Chicago Medical Center403(b)

THE UNIVERSITY OF CHICAGO MEDICAL CENTER RETIREMENT INCOME PLAN FOR EMPLOYEES · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

The University of Chicago Medical Center reported $491,439 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,002 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 0.06% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 114th-largest of 3,702 plans among Illinois employers on file, and the 247th of 11,911 in health care & social assistance. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves; active participation has grown from 6,921 to 8,415 since 2022.

Plan summary
Net assets, end of year$739,281,695
Participants with balances13,625
Active participants8,415
Employer contributions$33,672,902
Employee contributions$25,864,753
Employer contribution per active participant$4,002
Average account balance$54,259
Benefits paid to participants$47,328,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$739.3M · 13,625 accts · $33.7M emplr
2023$652.9M · 12,965 accts · $32.7M emplr
2022$546.3M · 10,990 accts · $32.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$491,439
Total administrative$491,439
Employer contributions to the The University of Chicago Medical Center plan · 2024
Employer contribution per active participant$4,002
Median for plans this size$4,294
2024$4,002 per active participant
2023$3,858 per active participant
2022$4,689 per active participant

The University of Chicago Medical Center's 2024 employer contribution ran below the $4,294 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
TIAA - TEACHERS INSURANCE & ANNUITY · Recordkeeping · Investment management$491,439

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$491,439 · 0.07%
2023$428,205 · 0.07%
2022$345,116 · 0.06%
All plans at this employer3
THE UNIVERSITY OF CHICAGO MEDICAL CENTER RETIREMENT INCOME PLAN FOR EMPLOYEES403(b)
THE UNIVERSITY OF CHICAGO MEDICAL CENTER SUPPLEMENTAL ANNUITY RETIREMENT PLAN403(b)
THE UNIVERSITY OF CHICAGO MEDICAL CENTER CONTRIBUTORY RETIREMENT PLAN403(b)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 363488183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.