Plan Ledger DOL Form 5500 · updated monthly

Village Practice Management Co.401(k)

VILLAGEMD 401(K) RETIREMENT SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Village Practice Management Co. reported $1,234,540 in plan administrative expenses for 2024: 0.10% 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.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 70th-largest of 3,702 plans among Illinois employers on file, and the 122nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,449,601,065
Participants with balances16,315
Active participants17,015
Employer contributions$0
Employee contributions$92,718,092
Employer contribution per active participant$0
Average account balance$88,851
Benefits paid to participants$126,555,771
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH, BROWN, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$956,763
Investment management$167,597
Audit (IQPA)$95,159
Total administrative$1,234,540
The Village Practice Management Co. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$5,259

Village Practice Management Co.'s 2024 employer contribution ran below the $5,259 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 · 20248
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$962,396
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$81,000
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$61,300
DELOITTE & TOUCHE LLP · Accounting / audit$52,500
PROTIVITI · Accounting / audit$36,478
WESTMINSTER CONSULTING LLC · Investment advisory (plan)$25,297
WEALTH ENHANCEMENT ADVISORY SERV · Consulting$14,300
T. ROWE PRICE TRUST COMPANY · Accounting / audit$6,181

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

Administrative cost history1
2024$1,234,540 · 0.10%
All plans at this employer2
VILLAGE MD 401(K) PLAN401(k)
VILLAGEMD 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Illinois
Csi USA Inc. IL$1.6B · 0.14%
Grant Thornton LLP IL$1.5B · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462975838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.