Infinity Healthcare Management of Illinois LLC 401(k) Review & Grade
Infinity Healthcare Mgmt. 401(k) Plan
Harwood, ILHealth Care & Social Assistance7,402 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$49Employer $ per active participant
$144Employee $ saved per active participant
0.47%Direct admin cost, % of plan assets
$11.6MNet plan assets, end of year
–Average balance per account
Score breakdown
- Employer generosity9.0 / 5018th percentile for employer $ per participant
- Low cost3.5 / 2514th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 157th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-5 pts1 issue reported on the filing
Total score9 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 2,500–9,999 active participants (312 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 14th |
| Employee saving | 7th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- Infinity Healthcare Management of Illinois put in about $49 per active participant, below the typical peer ($800). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.47% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $360,290 |
| Participant (employee) contributions | $1,066,121 |
| Other contributions (incl. rollovers in) | $165,936 |
| Administrative expenses paid from the plan | $51,024 |
| Contract administrator fees | $51,024 |
| Benefits paid out | $1,555,468 |
| Net assets, start / end of year | $10.3M / $11.6M |
| Active participants, start / end of year | 8,796 / 6,007 |
| Participants with account balances | 0 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Alan Goodman, CPA PC |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250826144547NAL0004525123001, received 2025-08-26, EIN 26-3829296, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.