Plan Ledger DOL Form 5500 · updated monthly

Transitional Care of Lake County, LLC dba Thrive of Lake County401(k)

TCLC NON-UNION 401(K) PLAN · LIBERTYVILLE, IL · plan year 2022

Reported admin expense ratio · 2022
2.26%

Transitional Care of Lake County, LLC dba Thrive of Lake County reported $3,331 in plan administrative expenses for 2022: 2.26% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,630th of 3,702), and 11,690th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$178,275
Participants with balances37
Active participants426
Employer contributions—
Employee contributions$124,923
Employer contribution per active participant—
Average account balance$4,818
Benefits paid to participants$35,548
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, INC.
Administrative expenses, itemized · 2022
Investment management$699
Professional / advisory$2,332
Total administrative$3,331
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$3,331 · 2.26%
Similar plansHealth Care & Social Assistance · Illinois
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Chinese Mutual Aid Association IL$186K · 0.14%
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J & a Caregivers LLC IL$178K · 6.30%
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Source: U.S. Department of Labor, Form 5500 series, EIN 473958354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.