Plan Ledger DOL Form 5500 · updated monthly

Thorek Memorial Hospital401(k)

THOREK MEMORIAL HOSPITAL 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Thorek Memorial Hospital reported $102,370 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,671st-largest of 3,702 plans among Illinois employers on file, and the 3,629th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$20,514,788
Participants with balances571
Active participants482
Employer contributions$0
Employee contributions$1,802,608
Employer contribution per active participant$0
Average account balance$35,928
Benefits paid to participants$1,787,650
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 571 accts
2023$18.0M · 561 accts
2022$15.3M · 574 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,515
Investment management$37,855
Total administrative$102,370
The Thorek Memorial Hospital 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Thorek Memorial Hospital's 2024 employer contribution ran below the $2,416 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
J P MORGAN BROKER-DEALER HOLDINGS I · Investment advisory (plan)$37,855

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$102,370 · 0.53%
2023$91,537 · 0.55%
2022$89,493 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Howard Brown Health Center IL$20.8M · 0.14%
Cunningham Childrens Home IL$20.1M · 0.26%
Journey Care, Inc. IL$19.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366000085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.