Plan Ledger DOL Form 5500 · updated monthly

Vyaire Medical Payroll LLC401(k)

VYAIRE MEDICAL 401(K) PLAN · METTAWA, IL · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Vyaire Medical Payroll LLC reported $93,952 in plan administrative expenses for 2023: 0.08% of average plan assets, below the peer median. Employer contributions averaged $8,036 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 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 475th-largest of 3,702 plans among Illinois employers on file, and the 897th of 11,911 in health care & social assistance. In 2023, employees put in $1.63 for every $1.00 the employer contributed; active participation has shrunk from 711 to 481 since 2022.

Plan summary
Net assets, end of year$125,830,313
Participants with balances1,151
Active participants481
Employer contributions$3,865,126
Employee contributions$6,319,375
Employer contribution per active participant$8,036
Average account balance$109,323
Benefits paid to participants$32,812,715
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $1.8M emplr
2024$118.7M · 996 accts · $2.2M emplr
2023$125.8M · 1,151 accts · $3.9M emplr
2022$124.3M · 1,313 accts · $4.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$81,084
Investment management$12,868
Total administrative$93,952
The Vyaire Medical Payroll LLC 401(k) match · 2023
Employer contribution per active participant$8,036
Median for plans this size$3,659
2024$36,611 per active participant
2023$8,036 per active participant
2022$5,671 per active participant

Vyaire Medical Payroll LLC's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$81,084
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,868

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

Administrative cost history4
2025Not separately reported
2024$120,697 · 0.10%
2023$93,952 · 0.08%
2022$135,796 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Oak Street Health Mso, LLC IL$138.9M · 0.34%
The Alden Group, LTD. IL$128.2M · 0.38%
Siu Physicians & Surgeons IL$112.6M · 0.02%
Osf Healthcare System IL$106.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812643078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.