Plan Ledger DOL Form 5500 · updated monthly

Deaconess Health System, Inc.401(k)

DEACONESS HEALTH SYSTEM, INC. 401(K) PLAN · EVANSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Deaconess Health System, Inc. reported $778,255 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $1,634 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 0.02% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 20th-largest of 1,562 plans among Indiana employers on file, and the 215th of 11,911 in health care & social assistance. In 2024, employees put in $2.74 for every $1.00 the employer contributed; active participation has grown from 8,651 to 12,133 since 2022.

Plan summary
Net assets, end of year$854,595,898
Participants with balances12,818
Active participants12,133
Employer contributions$19,828,231
Employee contributions$54,348,238
Employer contribution per active participant$1,634
Average account balance$66,672
Benefits paid to participants$62,684,384
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$854.6M · 12,818 accts · $19.8M emplr
2023$738.3M · 13,390 accts · $22.0M emplr
2022$559.2M · 11,052 accts · $21.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$209,135
Investment management$138,137
Total administrative$778,255
The Deaconess Health System, Inc. 401(k) match · 2024
Employer contribution per active participant$1,634
Median for plans this size$4,294
2024$1,634 per active participant
2023$2,236 per active participant
2022$2,463 per active participant

Deaconess Health System, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$211,640
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$138,137

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$778,255 · 0.10%
2023$417,359 · 0.06%
2022$137,560 · 0.02%
All plans at this employer2
DEACONESS HEALTH SYSTEM, INC. TAX SHELTERED ANNUITY THRIFT PLAN403(b)
DEACONESS HEALTH SYSTEM, INC. 401(K) PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Parkview Health System, Inc. IN$928.5M · 0.01%
Beacon Health System, Inc. IN$694.9M · 0.14%
Goshen Health IN$300.2M · 0.08%
Trimedx Holdings, LLC IN$244.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351532889 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.