Plan Ledger DOL Form 5500 · updated monthly

Wesley Willows403(b)

WESLEY WILLOWS RETIREMENT PLAN · ROCKFORD, IL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Wesley Willows reported $34,344 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $893 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 0.35% to 0.58%. 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 (2,838th of 3,702), and 7,374th of 11,911 in health care & social assistance. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,956,364
Participants with balances303
Active participants342
Employer contributions$305,571
Employee contributions$596,061
Employer contribution per active participant$893
Average account balance$19,658
Benefits paid to participants$1,667,940
Plan auditUnmodified (clean) audit opinion
AuditorBENNING GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 303 accts · $306K emplr
2023$5.9M · 234 accts · $152K emplr
2022$4.9M · 128 accts · $62K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,148
Investment management$18,196
Total administrative$34,344
Employer contributions to the Wesley Willows plan · 2024
Employer contribution per active participant$893
Median for plans this size$1,313
2024$893 per active participant
2023$505 per active participant
2022$195 per active participant

Wesley Willows's 2024 employer contribution ran below the $1,313 median for plans its size. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$16,148
MORGAN STANLEY GLOBAL BA · Investment advisory (plan)$12,883
MORGAN STANLEY GLOBAL · Investment advisory (plan)$5,316

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$34,344 · 0.58%
2023$28,012 · 0.52%
2022$18,055 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Webster Dental Care Group IL$6.2M · 0.65%
Vitae Health Systems IL$6.1M · 1.32%
Glenkirk IL$6.1M · 0.85%
Familia Development, LLC IL$6.1M · 1.94%
Gracent, LLC IL$5.9M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362540488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.