Plan Ledger DOL Form 5500 · updated monthly

Unite Here Health401(k)

UNITE HERE HEALTH STAFF 401(K) PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Unite Here Health reported $48,832 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $403 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 0.11% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,079th-largest of 3,702 plans among Illinois employers on file, and the 1,927th of 4,798 in finance & insurance. In 2024, employees put in $15.02 for every $1.00 the employer contributed; active participation has grown from 381 to 489 since 2022.

Plan summary
Net assets, end of year$40,897,183
Participants with balances553
Active participants489
Employer contributions$196,892
Employee contributions$2,958,237
Employer contribution per active participant$403
Average account balance$73,955
Benefits paid to participants$3,752,193
Plan auditUnmodified (clean) audit opinion
AuditorMACNELL ACCOUNTING & CONSULTING,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 553 accts · $197K emplr
2023$35.4M · 523 accts · $163K emplr
2022$28.5M · 476 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,937
Investment management$8,895
Total administrative$48,832
The Unite Here Health 401(k) match · 2024
Employer contribution per active participant$403
Median for plans this size$2,416
2024$403 per active participant
2023$373 per active participant
2022$348 per active participant

Unite Here Health'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,937
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,895

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$48,832 · 0.13%
2023$54,892 · 0.17%
2022$33,219 · 0.11%
Same employer
Similar plansFinance & Insurance · Illinois
First State Bank IL$42.3M · 0.41%
Delta Dental of Illinois IL$41.7M · 0.08%
Marquette Associates, Inc. IL$40.5M · 0.13%
First Co Bancorp, Inc. IL$40.2M · 0.18%
Rmb Capital Management, LLC IL$40.2M · 0.04%
Cnb Bank Shares, Inc. IL$40.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237385560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.