Plan Ledger DOL Form 5500 · updated monthly

Heartland Health System, Inc.401(k)

HEARTLAND HEALTH SYSTEM, INC. 401(K) PLAN · LOUISVILLE, KY · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Heartland Health System, Inc. reported $21,946 in plan administrative expenses for 2022: 0.37% of average plan assets, below the peer median. Employer contributions averaged $333 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (627th of 871), and 7,696th of 11,911 in health care & social assistance. In 2022, employees put in $3.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,390,532
Participants with balances192
Active participants291
Employer contributions$96,995
Employee contributions$384,031
Employer contribution per active participant$333
Average account balance$28,076
Benefits paid to participants$442,357
Plan auditUnmodified (clean) audit opinion
AuditorECK, SCHAFER & PUNKE, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $48K emplr
2022$5.4M · 192 accts · $97K emplr
The Heartland Health System, Inc. 401(k) match · 2022
Employer contribution per active participant$333
Median for plans this size$1,114

Heartland Health System, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$21,946 · 0.37%
Similar plansHealth Care & Social Assistance · Kentucky
Community Hospice, Inc. KY$5.9M · 0.62%
Juniper Health, Inc. KY$5.6M · 0.27%
Ccmh Corporation KY$5.4M · 0.00%
Ethos Holding Corp. KY$5.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201890414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.