Plan Ledger DOL Form 5500 · updated monthly

Froedtert Health, Inc403(b)

FROEDTERT HEALTH, INC. 403(B) PLAN · MENOMONEE FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Froedtert Health, Inc reported $1,131,064 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $3,849 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 0.08% to 0.06%. 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 17th-largest of 1,936 plans among Wisconsin employers on file, and the 80th of 11,911 in health care & social assistance. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,179,088,919
Participants with balances19,027
Active participants16,292
Employer contributions$62,715,163
Employee contributions$108,463,734
Employer contribution per active participant$3,849
Average account balance$114,526
Benefits paid to participants$141,741,391
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2B · 19,027 accts · $62.7M emplr
2023$1.9B · 18,613 accts · $63.2M emplr
2022$1.5B · 18,002 accts · $59.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$965,744
Investment management$148,520
Audit (IQPA)$16,800
Total administrative$1,131,064
Employer contributions to the Froedtert Health, Inc plan · 2024
Employer contribution per active participant$3,849
Median for plans this size$5,259
2024$3,849 per active participant
2023$4,016 per active participant
2022$3,845 per active participant

Froedtert Health, Inc'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 · 20243
LINCOLN NATIONAL CORPORATION · Contract administrator$965,744
VERATIS ADVISORS, INC. · Investment advisory (plan)$148,520
CLIFTON LARSON ALLEN LLP · Accounting / audit$16,800

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$1,131,064 · 0.06%
2023$1,302,008 · 0.08%
2022$1,221,048 · 0.08%
All plans at this employer3
FROEDTERT HEALTH, INC 401(A) RETIREMENT PLANDefined-contribution plan
FROEDTERT HEALTH, INC. 403(B) PLAN403(b)
FROEDTERT MEMORIAL LUTHERAN HOSPITAL/FROEDTERT HEALTH 403(B) THRIFT PLAN403(b)
Same employer
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Children's Wisconsin WI$1.0B · 0.07%
Aspirus, Inc. WI$893.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 392014409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.