Plan Ledger DOL Form 5500 · updated monthly

Intermountain Health Care, Inc.401(k)

INTERMOUNTAIN HEALTHCARE SAVINGS PLUS 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Intermountain Health Care, Inc. reported $9,798,000 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,123 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 3 years on file its reported administrative ratio has held roughly steady near 0.153%. 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 848 plans among Utah employers on file, and the 16th of 11,911 in health care & social assistance. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 46,680 to 69,032 since 2022.

Plan summary
Net assets, end of year$6,831,761,000
Participants with balances83,866
Active participants69,032
Employer contributions$215,608,000
Employee contributions$358,239,000
Employer contribution per active participant$3,123
Average account balance$81,460
Benefits paid to participants$518,424,000
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.8B · 83,866 accts · $215.6M emplr
2023$6.0B · 80,894 accts · $178.2M emplr
2022$3.6B · 60,554 accts · $118.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,840,000
Investment management$6,180,000
Audit (IQPA)$40,000
Trustee / custodial$355,000
Total administrative$9,798,000
The Intermountain Health Care, Inc. 401(k) match · 2024
Employer contribution per active participant$3,123
Median for plans this size$5,259
2024$3,123 per active participant
2023$2,606 per active participant
2022$2,535 per active participant

Intermountain Health Care, 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 · 202412
T ROWE PRICE RPS INC · Recordkeeping · Trustee$3,483,000
SANDS CAPITAL MANAGEMENT LLC · Investment advisory (plan)$2,562,000
TOWNSQUARE CAPITAL LLC · Investment advisory (participants)$1,825,000
THE NORTHERN TRUST COMPANY · Investment advisory (plan)$436,000
INVESCO · Investment advisory (plan)$348,000
SUMMIT GLOBAL INVESTMENTS LLC · Investment advisory (participants)$244,000
MORNINGSTAR INVESTMENT SERVICE · Investment advisory (participants)$135,000
CASTLEVIEW PARTNERS LLC · Investment advisory (participants)$102,000
MERCER · Consulting$98,000
GLOBAL VIEW CAPITAL MANAGEMENT · Investment advisory (participants)$50,000
CROWE LLC · Accounting / audit$40,000
DYNAMIC WEALTH ADVISORS · Investment advisory (participants)$38,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$9,798,000 · 0.15%
2023$6,942,000 · 0.14%
2022$5,700,000 · 0.15%
All plans at this employer2
INTERMOUNTAIN HEALTHCARE SAVINGS PLUS 401(K) PLAN401(k)
INTERMOUNTAIN HEALTHCARE TAX DEFERRED SAVINGS 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Utah
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 870269232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.