Plan Ledger DOL Form 5500 · updated monthly

Transitions of Western Illinois, Inc.403(b)

TRANSITIONS OF WESTERN ILLINOIS 403(B) RETIREMENT PLAN · QUINCY, IL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Transitions of Western Illinois, Inc. reported $51,934 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $601 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 0.47% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,326th of 3,702), and the 5,499th of 11,911 in health care & social assistance. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,735,838
Participants with balances227
Active participants234
Employer contributions$140,541
Employee contributions$347,441
Employer contribution per active participant$601
Average account balance$47,294
Benefits paid to participants$322,269
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 227 accts · $141K emplr
2023$9.1M · 231 accts · $153K emplr
2022$7.7M · 236 accts · $124K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,468
Investment management$19,466
Total administrative$51,934
Employer contributions to the Transitions of Western Illinois, Inc. plan · 2024
Employer contribution per active participant$601
Median for plans this size$1,313
2024$601 per active participant
2023$633 per active participant
2022$547 per active participant

Transitions of Western Illinois, Inc.'s 2024 employer contribution ran below the $1,313 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
LINCOLN NATIONAL CORPORATION · Contract administrator$32,468
MERRILL LYNCH · Investment advisory (participants)$19,466

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$51,934 · 0.52%
2023$42,371 · 0.50%
2022$40,385 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Norwood Life Society IL$11.2M · 0.64%
Ferrell Hospital IL$11.2M · 0.04%
Opticsplanet, Inc. IL$10.8M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370971282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.