Plan Ledger DOL Form 5500 · updated monthly

Boone Health, Inc.401(k)

BOONE HEALTH 401(K) · COLUMBIA, MO · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Boone Health, Inc. reported $268,317 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,856 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 rose from 0.13% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 133rd-largest of 1,393 plans among Missouri employers on file, and the 762nd of 11,911 in health care & social assistance. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has grown from 1,836 to 2,024 since 2021.

Plan summary
Net assets, end of year$159,071,718
Participants with balances3,007
Active participants2,024
Employer contributions$7,805,222
Employee contributions$10,841,168
Employer contribution per active participant$3,856
Average account balance$52,900
Benefits paid to participants$12,003,890
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$159.1M · 3,007 accts · $7.8M emplr
2023$134.2M · 2,823 accts · $7.1M emplr
2022$109.2M · 2,694 accts · $7.6M emplr
2021$122.1M · 2,371 accts · $4.7M emplr
The Boone Health, Inc. 401(k) match · 2024
Employer contribution per active participant$3,856
Median for plans this size$3,635
2024$3,856 per active participant
2023$3,467 per active participant
2022$3,881 per active participant
2021$2,545 per active participant

Boone Health, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$215,054
VANGUARD ADVISERS INC. · Investment advisory (participants)$58,113

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2024$268,317 · 0.18%
2023$258,715 · 0.21%
2022$225,064 · 0.19%
2021$155,751 · 0.13%
All plans at this employer2
BOONE HEALTH 401(K)401(k)
BOONE HEALTH 403(B)403(b)
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Freeman Health System MO$213.3M · 0.30%
Compass Health, Inc. MO$211.5M · 0.07%
Lake Regional Health System MO$116.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850769204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.