Plan Ledger DOL Form 5500 · updated monthly

Hegg Memorial Health Center401(k)

HEGG MEMORIAL HEALTH CENTER RETIREMENT PLAN · LITTLE CHUTE, WI · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Hegg Memorial Health Center reported $69,036 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,724 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 0.05% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,272nd of 1,936), and the 5,688th 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$10,026,613
Participants with balances276
Active participants212
Employer contributions$365,499
Employee contributions$631,027
Employer contribution per active participant$1,724
Average account balance$36,328
Benefits paid to participants$1,216,908
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 276 accts · $365K emplr
2023$9.0M · 270 accts · $340K emplr
2022$7.2M · 258 accts · $300K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,461
Total administrative$69,036
The Hegg Memorial Health Center 401(k) match · 2024
Employer contribution per active participant$1,724
Median for plans this size$1,313
2024$1,724 per active participant
2023$1,606 per active participant
2022$1,416 per active participant

Hegg Memorial Health Center's 2024 employer contribution ran above the $1,313 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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$1,930

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$69,036 · 0.73%
2023$58,126 · 0.72%
2022$4,306 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Cherry Tree Dental LLC WI$10.4M · 0.49%
Newcap, Inc. WI$9.5M · 0.01%
Saelens Corporation WI$8.9M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 420932564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.