Plan Ledger DOL Form 5500 · updated monthly

Vitality Management Company, LLC401(k)

VITALITY MANAGEMENT COMPANY, LLC 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Vitality Management Company, LLC reported $90,873 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,551 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 0.234%. 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 1,078th-largest of 3,702 plans among Illinois employers on file, and the 2,207th of 11,911 in health care & social assistance. In 2024, employees put in $2.32 for every $1.00 the employer contributed; active participation has shrunk from 240 to 204 since 2022.

Plan summary
Net assets, end of year$40,902,170
Participants with balances314
Active participants204
Employer contributions$1,132,342
Employee contributions$2,631,857
Employer contribution per active participant$5,551
Average account balance$130,262
Benefits paid to participants$4,764,052
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 314 accts · $1.1M emplr
2023$36.7M · 336 accts · $1.1M emplr
2022$27.7M · 322 accts · $968K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,390
Investment management$46,483
Total administrative$90,873
The Vitality Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$5,551
Median for plans this size$2,416
2024$5,551 per active participant
2023$4,368 per active participant
2022$4,033 per active participant

Vitality Management Company, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
MORGAN STANLEY · Investment advisory (participants)$46,490
MORGAN STANLEY GLOBAL BA · Investment advisory (plan)$46,488
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$44,390

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$90,873 · 0.23%
2023$71,796 · 0.22%
2022$68,500 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Start Early IL$41.6M · 0.29%
Enlivant Aid Es, LLC IL$37.3M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522213940 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.