Plan Snapshot
- Plan Sponsor: Advocate Aurora Health, INC
- Sponsor EIN: 824184596
- Sponsor Address: 750 W. VIRGINA ST, MILWAUKEE, WI, 53204
- Plan Type: 401(k)
- Total Participants: 83,445
- Total Assets: $10.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 83,445 | $10.5B | $355.0M | $552.0M |
| 2023 | 80,015 | $9.1B | $328.0M | $513.0M |
| 2022 | 76,956 | $7.5B | $308.5M | $482.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $3,647,156 | — | $3,647,156 |
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $2,758,579 | — | $2,758,579 |
| MARSH & MCLENNAN COMPANIES INC | Investment Advisor | $189,942 | — | $189,942 |
| ANNEX ADVISORY SERVICES LLC | Other Service Provider | $45,288 | — | $45,288 |
| WFA ASSET MANAGEMENT CORP | Other Service Provider | $40,508 | — | $40,508 |
| LARSON FINANCIAL GROUP LLC | Other Service Provider | $37,241 | — | $37,241 |
| SHAKESPEARE WEALTH MANAGEMENT | Other Service Provider | $27,434 | — | $27,434 |
| CLIFTON LARSON ALLEN LLP | Auditor | $23,625 | — | $23,625 |
| ABOUND WEALTH MANAGEMENT LLC | Investment Advisor | $20,571 | — | $20,571 |
| QDRO CONSULTANTS COMPANY, LLC | Other Service Provider | $18,300 | — | $18,300 |
| CHARLES SCHWAB & C0., INC. | Recordkeeper | $18,171 | — | $18,171 |
| WEALTH ENHANCEMENT ADVISORY SE | Other Service Provider | $16,285 | — | $16,285 |
| WISNIEWSKI WEALTH MANAGEMENT | Other Service Provider | $14,922 | — | $14,922 |
| CREATIVE PLANNING LLC | Investment Advisor | $14,857 | — | $14,857 |
| MISSION WEALTH MANAGEMENT LP | Other Service Provider | $8,900 | — | $8,900 |
| FORUM FINANCIAL MANAGEMENT LP | Other Service Provider | $7,037 | — | $7,037 |
| FAEGRE DRINKER BIDDLE & REATH LLP | ERISA Attorney | $6,996 | — | $6,996 |
| ENVESTNET ASSET MANAGEMENT INC | Other Service Provider | $6,799 | — | $6,799 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MARSH & MCLENNAN COMPANIES INC — Investment Advisor
- CLIFTON LARSON ALLEN LLP — Auditor
- ABOUND WEALTH MANAGEMENT LLC — Investment Advisor
- CHARLES SCHWAB & C0., INC. — Recordkeeper
- CREATIVE PLANNING LLC — Investment Advisor
- FAEGRE DRINKER BIDDLE & REATH LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,902,611
- Estimated Expense Ratio: 0.066% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,644,598 | $2,948,521 | — | — | — |
| 2023 | $5,630,542 | $2,196,479 | — | $35,970 | — |
| 2022 | $4,741,314 | $1,996,696 | — | — | $49,800 |