Plan Ledger DOL Form 5500 · updated monthly

Commonspirit Health401(k)

COMMONSPIRIT HEALTH 401(K) RETIREMENT SAVINGS PLAN · ERLANGER, KY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Commonspirit Health reported $2,030,348 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,767 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 fell from 0.06% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1st-largest of 871 plans among Kentucky employers on file, and the 11th of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,826,314,209
Participants with balances16,860
Active participants91,977
Employer contributions$346,450,378
Employee contributions$582,472,826
Employer contribution per active participant$3,767
Average account balance$523,506
Benefits paid to participants$806,842,485
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8B · 16,860 accts · $346.5M emplr
2023$7.9B · 122,752 accts · $324.1M emplr
2022$6.1B · 116,332 accts · $323.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,934,684
Total administrative$2,030,348
The Commonspirit Health 401(k) match · 2024
Employer contribution per active participant$3,767
Median for plans this size$5,259
2024$3,767 per active participant
2023$3,588 per active participant
2022$3,735 per active participant

Commonspirit Health's 2024 employer contribution ran below the $5,259 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 · 20244
FID INVEST INST OPS CO · Loan processing$3,477,670
POLSINELLI PC · Legal$37,760
COMMONSPIRIT HEALTH · Plan administrator$37,760
QDRO CONSULTANTS COMPANY, LLC · Consulting$20,100

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$2,030,348 · 0.02%
2023$4,077,426 · 0.06%
2022$4,140,565 · 0.06%
All plans at this employer2
COMMONSPIRIT HEALTH 401(K) RETIREMENT SAVINGS PLAN401(k)
COMMONSPIRIT HEALTH ERISA 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Sutter Health CA$7.6B · 0.03%
Stanford Health Care CA$6.9B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470617373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.